PANews reported on November 24 that, according to on-chain analyst Ember, an AAVE whale that had some of its positions liquidated during the sharp drop on October 11 bought back 24,000 AAVE tokens (US$4 million) today.
- Through revolving loans, this whale has amassed 284,000 AAVE tokens over the past two years at an average price of $165.
- On October 11, a sharp drop occurred, and his borrowed position was liquidated at a price of $101, resulting in the loss of 32,000 AAVE tokens ($3.22 million).
- Today, he spent 4 million USDC to buy back 24,000 AAVE. He now holds 276,000 AAVE at an average price of $165.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.