#Trader Aave liquidated#
Hot Topic Overview
Overview
Recently, a trader on the Aave platform has suffered multiple liquidations, being liquidated three times in the past 35 days, resulting in a total loss of over $18 million. The most recent liquidation occurred 9 hours ago, with a loss of 1495 ETH ($4.97 million). The trader currently holds 541.68 WBTC ($51.1 million) on Aave. If the price of BTC drops to around $90,810, he will be liquidated again.
Ace Hot Topic Analysis
Analysis
Recently, a trader suffered three liquidations on the decentralized lending platform Aave, resulting in significant losses. It is reported that the trader held 541.68 WBTC on Aave, worth approximately $51.1 million. Over the past 35 days, the trader has been liquidated three times, on December 6th, 10th, and 17th, 2024, with losses of $9.25 million, $4.37 million, and $4.97 million respectively. Currently, the trader's account remains at high risk, and if the price of Bitcoin drops to around $90,810, they will be liquidated again. This incident has raised concerns about the risks associated with decentralized lending platforms and serves as a reminder for investors to exercise caution and implement risk management measures when using such 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 541.68 WBTC on Aave. If the price of BTC drops to around $90,810, they will be liquidated again.
The trader's leverage was too high and their risk management was insufficient, leading to multiple liquidations.
Aave's liquidation mechanism played a role in this event, protecting the platform's stability.