#Trader Aave liquidated#
Hot Topic Overview
Overview
A trader has been liquidated three times in a row on the Aave platform, most recently 9 hours ago, losing 1495 ETH ($4.97 million). Previously, the trader was liquidated on December 10th and December 6th, 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 Bitcoin drops to around $90,810, they will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader suffered heavy losses after being liquidated three times in a row on the Aave platform. It is reported that the trader held 541.68 WBTC on Aave, worth approximately $51.1 million. Due to excessive leverage, the trader has been liquidated three times in the past 35 days, losing $9.25 million, $4.37 million, and $4.97 million respectively. Currently, if the price of Bitcoin drops to around $90,810, the trader will be liquidated again. This incident serves as a reminder to investors that they should carefully control risks and avoid excessive leverage when using leveraged trading to prevent the risk of liquidation.
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 a large amount of 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 control is insufficient, leading to multiple liquidations.
Aave's liquidation mechanism can lead to significant losses for users in volatile market conditions.