#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader has been liquidated three times on the Aave platform, resulting in significant losses. The most recent liquidation occurred 9 hours ago, with a loss of 1495 ETH ($4.97 million), marking the trader's third liquidation in the past 35 days. Previously, the trader was liquidated on December 10th and December 6th, 2024, losing 44.86 WBTC ($4.37 million) and 95.46 WBTC ($9.25 million), respectively. Currently, the trader holds 541.68 WBTC ($51.10 million) on Aave. If the price of BTC drops to approximately $90,810, the trader will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader on the Aave platform experienced three liquidations, on December 6th, December 10th, and December 17th. The liquidation on December 17th resulted in a loss of 1495 ETH, equivalent to $4.97 million. The trader currently holds 541.68 WBTC on Aave, worth approximately $51.1 million. If the price of Bitcoin drops to around $90,810, he will be liquidated again. This indicates that the trader engaged in high-leverage trading on Aave, exposing him to significant risk. As Aave allows users to borrow cryptocurrencies and leverage their trades, traders are susceptible to liquidation during market fluctuations. This liquidation event serves as a reminder for investors to carefully assess risks and implement risk management measures when engaging in leveraged trading.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
This trader has been liquidated three times in the past 35 days, with heavy losses.
The trader currently holds a large amount of WBTC on Aave, facing a huge liquidation risk.
If the price of BTC drops to around $90,810, the trader will be liquidated again.
This incident serves as a reminder that leveraged trading carries significant risks and should be approached with caution.