#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader on the Aave platform has suffered multiple liquidations, having been liquidated three times in the past 35 days, with cumulative losses exceeding $18.59 million. The most recent liquidation occurred 9 hours ago, resulting in a loss of 1495 ETH ($4.97 million). The trader currently still holds 541.68 WBTC ($51.10 million). If the price of Bitcoin drops to around $90,810, he will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader on the Aave platform experienced three liquidations, resulting in significant losses. The first occurred on December 6th, with a loss of 95.46 WBTC ($9.25 million). The second occurred on December 10th, with a loss of 44.86 WBTC ($4.37 million). The third occurred 9 hours ago, with a loss of 1,495 ETH ($4.97 million). Currently, the trader holds 541.68 WBTC ($51.10 million) on Aave. If the price of Bitcoin drops to around $90,810, they will be liquidated again. This indicates that the trader may have used high leverage, exposing them to significant risk in the face of Bitcoin price fluctuations. This incident serves as a reminder to investors to carefully manage risk when using leveraged trading, avoiding excessive borrowing to prevent substantial losses.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
This trader has been liquidated three times in the past 35 days, resulting in significant losses.
The trader currently holds 541.68 WBTC on Aave. If the price of BTC drops to around $90,810, he will be liquidated again.
The trader's leverage is too high and risk control is insufficient, leading to multiple liquidations.
Aave's liquidation mechanism can cause significant losses to users when the market fluctuates significantly.