#Trader Aave liquidated#

60
2
Posts
Hot Topic Details

Hot Topic Overview

Overview

A trader has been liquidated three times in a row on Aave, with the most recent liquidation occurring 9 hours ago, resulting in a loss of 1,495 ETH ($4.97 million). The trader has lost over $14.59 million in the past 35 days. Currently, the trader 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

小 A

Analysis

Recently, a trader on the decentralized lending platform Aave has suffered consecutive liquidations, drawing market attention. According to DeBank data, the trader has been liquidated three times in the past 35 days, on December 6th, December 10th, and recently, with a total loss exceeding $18 million. The most recent liquidation occurred 9 hours ago, resulting in a loss of 1495 ETH, approximately $4.97 million. The trader currently holds 541.68 WBTC on Aave, valued at approximately $51.1 million. If the price of BTC drops to around $90,810, they will be liquidated again. This indicates that the trader has a very high leverage ratio, which exposes them to significant risk in the event of market fluctuations. This incident serves as a reminder to investors to exercise caution when using decentralized lending platforms, carefully control leverage ratios, avoid excessive borrowing, and mitigate the risk of liquidation.

Related Currencies

Public Sentiment

0%
100%

Discussion Word Cloud

Classic Views

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

1

The trader currently holds 541.68 WBTC on Aave, and will be liquidated if BTC drops to around $90,810.

2

The trader's leverage is too high and risk control is insufficient, leading to multiple liquidations.

3

Aave's liquidation mechanism may result in significant losses for users in volatile market conditions.

4