#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader has been liquidated three times on the Aave platform, resulting in significant losses. The most recent liquidation occurred 9 hours ago, with a loss of 1495 ETH ($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 ($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 BTC drops to approximately $90,810, the trader will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader's three consecutive liquidations on the decentralized lending platform Aave have drawn market attention. According to DeBank data, the trader has been liquidated three times in the past 35 days, on December 6th, 10th, and 17th, 2024, with losses of $9.25 million, $4.37 million, and $4.97 million, respectively. The trader currently 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. This suggests that the trader may have used high leverage for trading and faced significant risks. The consecutive liquidations also reflect the current volatility in the crypto market, highlighting the need for investors to exercise caution, manage risks, and avoid excessive leverage.
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, facing a significant liquidation risk.
If the price of BTC drops to around $90,810, the trader will be liquidated again.
This event reminds investors to be aware of the risks of leveraged trading and to carefully manage their risk exposure.