#Trader Aave liquidated#
Hot Topic Overview
Overview
A trader has been liquidated three times in a row on the Aave platform, with the most recent liquidation occurring 9 hours ago, resulting in a loss of 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 BTC drops to around $90,810, they will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader suffered three liquidations on the decentralized lending platform Aave, resulting in significant losses. The first incident occurred on December 6, 2024, where the trader was liquidated 95.46 WBTC, worth approximately $9.25 million. The second incident took place on December 10, 2024, with the trader being liquidated 44.86 WBTC, worth around $4.37 million. The most recent liquidation happened 9 hours ago, where the trader lost 1495 ETH, valued at approximately $4.97 million. Currently, the trader holds 541.68 WBTC on Aave, worth about $51.10 million. If the price of Bitcoin drops to around $90,810, the trader will be liquidated again. This indicates that the trader engaged in high-leverage trading on Aave, potentially utilizing collateralized borrowing. Such actions expose them to substantial risk in the event of significant price fluctuations in Bitcoin. This incident serves as a reminder for investors to carefully assess risks and implement risk management measures when engaging in high-leverage trading.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
This trader has been liquidated three times in the past 35 days, with a total loss of over $18.59 million.
The trader currently holds 541.68 WBTC on Aave, worth approximately $51.1 million. If the price of BTC drops to around $90,810, he will be liquidated again.
The trader's leverage is too high, making him vulnerable to liquidation when the price of BTC fluctuates.
Decentralized lending platforms like Aave have high risks. Users need to be cautious about using leverage and manage their risks effectively.