A trader lost $4.979M a few hours ago, what happened?

He got liquidated for the third time in the last 35 day, this time around he got liquidated of 1,495 $ETH which was over $4.97M 🤯⚡️

- Previous Liquidations:

- On December 10, 2024, 44.86 $WBTC ($4.37M) was liquidated.

- On December 6, 2024, 95.46 $WBTC ($9.25M) was liquidated.

Currently, the trader still holds 541.68 $WBTC, worth approximately $51.1M, on the Aave platform.

There's a risk of further liquidation if the price of Bitcoin ($BTC ) drops to around $90,810.

If the We don’t see any bullish news or sign, Bitcoin might go below $90,000 and this trader will

experience another significant liquidation, but a bounce back will definitely happen ⚡️🏄🏿‍♂️