#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 (approximately $4.97 million). Previously, the trader lost 44.86 WBTC (approximately $4.37 million) on December 10, 2024, and 95.46 WBTC (approximately $9.25 million) on December 6, 2024. Currently, the trader holds 541.68 WBTC (approximately $51.10 million) on Aave. If the price of Bitcoin drops to around $90,810, they will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader has been liquidated three times in a row on the decentralized lending platform Aave, attracting market attention. According to DeBank data, the trader was liquidated on December 6th, December 10th, and December 17th in the past 35 days, with losses of $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, he will be liquidated again. This indicates that the trader may have used high leverage for trading and lacked sufficient risk control for market fluctuations, leading to huge losses when the price of Bitcoin fell. This incident also reminds investors that when using decentralized lending platforms for trading, they should carefully choose leverage and take risk control measures to avoid similar incidents.
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 liquidation event has once again raised concerns about the risks of high-leverage trading.
Aave, as a decentralized lending platform, has an automated liquidation mechanism. Once the liquidation conditions are triggered, it will be automatically executed and cannot be manually intervened.