#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader on the Aave platform has suffered three consecutive liquidations, 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, for 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.
Ace Hot Topic Analysis
Analysis
Recently, a trader on the Aave platform experienced three liquidations, occurring on December 6th, December 10th, and December 17th, resulting in a total loss of over $14 million. The first liquidation resulted in a loss of $9.25 million, the second in a loss of $4.37 million, and the third in a loss of $4.97 million. The trader currently holds 541.68 WBTC on Aave, valued at 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, leading to significant risk in the face of Bitcoin price fluctuations. This incident also serves as a reminder to investors to carefully assess risks when trading on decentralized finance platforms, avoid excessive leverage, and prevent liquidation losses.
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, they will be liquidated again.
The trader's leverage is too high and their risk control is insufficient, leading to liquidation when the price of BTC falls.
Decentralized lending platforms like Aave have high risks. Users need to be cautious and manage their risks effectively.