#Trader Aave liquidated#
Hot Topic Overview
Overview
A trader has been liquidated three times in the past 35 days, most recently 9 hours ago, losing 1495 ETH ($4.97 million). The trader currently holds 541.68 WBTC ($51.10 million) on Aave, and will be liquidated again if the price of BTC drops to around $90,810. 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.
Ace Hot Topic Analysis
Analysis
Recently, a trader experienced three liquidations on the decentralized lending platform Aave, occurring on December 6th, December 10th, and most recently, 9 hours ago. The first liquidation resulted in a loss of 95.46 WBTC (approximately $9.25 million), the second liquidation resulted in a loss of 44.86 WBTC (approximately $4.37 million), and the most recent liquidation resulted in a loss of 1495 ETH (approximately $4.97 million). The trader currently holds 541.68 WBTC (approximately $51.10 million) on Aave. If the price of Bitcoin drops to around $90,810, they will face another liquidation risk. This indicates that the trader may have used high leverage for trading, which exposes them to significant losses in the event of market fluctuations. This incident also serves as a reminder for investors to exercise caution when choosing leverage on decentralized lending platforms and to implement proper risk management strategies.
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, they will be liquidated again.
The trader's leverage is too high, and their risk exposure is enormous. They are easily liquidated if the market fluctuates.
Aave's liquidation mechanism is automatically triggered during market fluctuations, posing a potential risk to traders.