#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader has been repeatedly liquidated on the decentralized lending platform Aave, having been liquidated three times in the past 35 days, with cumulative losses exceeding tens of millions of dollars. The most recent liquidation occurred 9 hours ago, resulting in a loss of 1495 ETH ($4.97 million). The trader currently holds 541.68 WBTC ($51.10 million) on Aave. If the price of Bitcoin drops to around $90,810, they will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader on the Aave platform has suffered three liquidations, resulting in significant losses. The most recent liquidation occurred 9 hours ago, where the trader was liquidated for 1495 ETH ($4.97 million), marking their third liquidation in the past 35 days. Previously, the trader was liquidated for 44.86 WBTC ($4.37 million) on December 10, 2024, and 95.46 WBTC ($9.25 million) on December 6, 2024. Currently, the trader holds 541.68 WBTC ($51.10 million) on Aave. If the price of BTC drops to approximately $90,810, they will be liquidated again. This indicates that the trader has an excessively high leverage ratio and their position setup is risky, amplifying their losses in the event of significant market fluctuations.
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 huge. They are easily liquidated if the market fluctuates.
Risk control mechanisms on decentralized lending platforms like Aave need to be further improved to prevent similar incidents from happening again.