#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 has been repeatedly liquidated on the decentralized lending platform Aave, drawing market attention. According to DeBank data, the trader has been liquidated three times in the past 35 days, on December 6th, December 10th, and December 17th, 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, they will be liquidated again. This indicates that the trader may have used high leverage for trading, leading to extremely high risk in the face of market fluctuations. This incident also reminds investors to be cautious when choosing leverage on decentralized lending platforms, and to implement risk control measures to avoid similar liquidation events.
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 541.68 WBTC on Aave, and will be liquidated if the price of BTC drops to around $90,810.
The trader's leverage is too high, and their risk exposure is enormous.
Aave's liquidation mechanism can lead to significant losses for users during market fluctuations.