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Whale Movements Alert
AAVE Whale Strategy Change <-> During the crash on October 11, a whale with a large AAVE loop loan position was liquidated for 32,000 $AAVE at a price of $101. Starting from November 24, they resumed loop borrowing to buy AAVE.
In the past two weeks, they have spent 14 million USDC to purchase 80,900 AAVE at an average price of $173.
Currently, through loop borrowing, they hold a total of 333,000 AAVE, valued at $62.59 million, with an average cost of $167. The liquidation price is $117.7.
#Aave #Cryptocurrency #Blockchain #AaveLoans #DeFi