#Trader Aave liquidated#
Hot Topic Overview
Overview
A trader on Aave has suffered a series of liquidations, being liquidated three times in the past 35 days, with cumulative losses exceeding $18.59 million. The most recent liquidation occurred 9 hours ago, resulting in a loss of 1,495 ETH ($4.97 million). The trader currently 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 experienced three liquidations on the decentralized lending platform Aave, drawing market attention. According to DeBank data, the trader was liquidated on December 6th, December 10th, and recently within 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, they will face another liquidation risk. This indicates that the trader may have used high leverage for trading and faced significant risk exposure. This incident also serves as a reminder for investors to be cautious when choosing leverage and implementing risk control measures 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.
The trader's liquidation events serve as a reminder to investors of the risks associated with leveraged trading and highlight the importance of risk management.
The trader's liquidation events could have a certain impact on the stability of the Aave platform.