A major AAVE whale enters the market again, buying 80,000 tokens within half a month
According to Jinse Finance, analyst Yu Jin has monitored that an AAVE whale was liquidated for 32,000 AAVE at a price of $101 during the market crash, but has re-entered the market since November 24. Within half a month, this investor has spent 14 million USDC to purchase 80,900 AAVE at an average price of $173. Currently, through a looping loan strategy, the whale holds a total of 333,000 AAVE (worth approximately $62.59 million), with an average cost of $167 and a liquidation price at $117.7. Over the past two years, this whale has continuously accumulated AAVE tokens through a looping loan strategy.
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