#Trader Aave liquidated#

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Overview

Recently, a trader has suffered three consecutive liquidations on the Aave platform, resulting in significant losses. The most recent liquidation occurred 9 hours ago, with a loss of 1495 ETH (approximately $4.97 million), marking the trader's third liquidation in the past 35 days. Previously, the trader was liquidated on December 10th and December 6th, 2024, losing 44.86 WBTC (approximately $4.37 million) and 95.46 WBTC (approximately $9.25 million), respectively. Currently, the trader holds 541.68 WBTC (approximately $51.10 million) on Aave. If the price of BTC drops to around $90,810, the trader will be liquidated again.

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Analysis

Recently, a trader on the Aave platform has experienced multiple liquidations, drawing market attention. It is reported that the trader has been liquidated three times in the past 35 days, on December 6th, December 10th, and December 17th, losing a total of over $14 million. The most recent liquidation occurred on December 17th, resulting in a loss of 1495 ETH, approximately $4.97 million. Currently, the trader holds 541.68 WBTC on Aave, valued at approximately $51.1 million. If the price of Bitcoin drops to around $90,810, they will be liquidated again. This indicates that the trader has a very high leverage ratio, and their risk exposure will be significant if the market fluctuates. This incident also serves as a reminder to investors that they should carefully manage their risk when using leveraged trading, avoid excessive borrowing, and prevent significant losses.

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Trader conducted high leverage trading on Aave, leading to multiple liquidations.

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The trader's liquidation losses were significant, with a total loss exceeding $18 million.

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The trader currently still holds a large amount of WBTC, and if the price of BTC drops to $90,810, they will be liquidated again.

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The trader's liquidation event reminds investors to be aware of the risks of high leverage trading and to manage risk carefully.

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