#Trader Aave liquidated#

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Overview

A trader has been liquidated multiple times on Aave, most recently 9 hours ago, losing 1,495 ETH ($4.97 million), marking the third liquidation in the past 35 days. Previously, the trader was liquidated for 44.86 WBTC ($4.37 million) on December 10, 2024, and 95.46 WBTC ($9.25 million) on December 6, 2024. Currently, the trader holds 541.68 WBTC ($51.10 million) on Aave, and will be liquidated again if the price of BTC drops to around $90,810.

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Analysis

Recently, a trader has triggered market attention after experiencing three consecutive liquidations on the Aave platform. 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. It is reported that the trader currently holds 541.68 WBTC on Aave, worth approximately $51.1 million. If the price of Bitcoin drops to around $90,810, the trader will face another liquidation risk. This indicates that the trader may have used high leverage for trading and underestimated the risk of market fluctuations, leading to consecutive liquidations. This incident also reminds investors that when using leveraged trading, they need to carefully assess risks, implement risk control measures, and avoid similar incidents from happening.

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Classic Views

This trader has been liquidated three times in the past 35 days, resulting in significant losses.

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The trader currently holds a large amount of WBTC on Aave, facing a significant liquidation risk.

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If the price of BTC drops to around $90,810, the trader will be liquidated again.

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The trader's liquidation events remind investors of the risks associated with leveraged trading and the importance of carefully managing risk exposure.

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