#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader suffered heavy losses after being liquidated three times in a row on the Aave platform. It is understood that the trader was liquidated on December 6th, December 10th, and today within the past 35 days, with losses of $9.25 million, $4.37 million, and $4.97 million respectively. Currently, the trader still 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.
Ace Hot Topic Analysis
Analysis
Recently, a trader has blown up their position on the Aave platform three times in a row, attracting market attention. It is reported that the trader has lost over $18.59 million in the past 35 days. The first blow-up occurred on December 6, 2024, resulting in a loss of 95.46 WBTC ($9.25 million); the second occurred on December 10, 2024, resulting in a loss of 44.86 WBTC ($4.37 million); and the third occurred just 9 hours ago, resulting in a loss of 1495 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 for trading, which exposes them to significant risks in the event of market fluctuations. This incident also reminds investors to carefully assess risks and implement risk control measures when engaging in high-leverage 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, resulting in significant losses.
The trader currently holds 541.68 WBTC on Aave, and will be liquidated if BTC drops to around $90,810.
The trader's leverage is too high, and their risk exposure is enormous.
The strictness of Aave's liquidation mechanism may lead to significant losses for traders during market fluctuations.