#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader on the Aave platform has suffered multiple liquidations, having been 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 1495 ETH ($4.97 million). The trader currently holds 541.68 WBTC ($51.10 million) on Aave. If the price of Bitcoin drops to approximately $90,810, he will be liquidated again.
Ace Hot Topic Analysis
Analysis
A trader has been liquidated three times on Aave, the most recent occurring 9 hours ago, resulting in a loss of 1,495 ETH ($4.97 million). 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, they will be liquidated again. This suggests that the trader may have used high leverage and is facing significant risk.
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. If the price of BTC drops to around $90,810, he will be liquidated again.
The trader's liquidation events serve as a reminder of the significant risks associated with leveraged trading in the crypto market.
The liquidation mechanisms of decentralized finance platforms like Aave can lead to significant losses for users during market fluctuations.