#Trader Aave liquidated#
Hot Topic Overview
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 ($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 suffered three liquidations on the decentralized lending platform Aave, resulting in significant losses. According to DeBank data, the trader was liquidated on December 6th, December 10th, and recently within the past 35 days, losing $9.25 million, $4.37 million, and $4.97 million respectively. Currently, the trader holds 541.68 WBTC on Aave, worth approximately $51.1 million. If the price of Bitcoin drops to around $90,810, they will face liquidation risk again. This incident serves as a reminder to investors to carefully manage leverage and risk when using decentralized lending platforms.
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, and will be liquidated again if the price of BTC drops to around $90,810.
This incident serves as a reminder that leveraged trading in the cryptocurrency market carries extremely high risks and requires careful operation.
The liquidation mechanism of decentralized lending platforms like Aave can lead to significant losses for users during market fluctuations.