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A Whale has re-bought $4 million worth of AAVE, after being liquidated on part of its Position due to a big dump.
According to Mars Finance, on-chain analyst Yu Jin (@EmberCN) monitored that a Whale purchased 24,000 AAVE, worth 4 million USD. This Whale had previously been liquidated on part of its Position during the market big dump. Data shows that this Whale accumulated 284,000 AAVE through circular loans over the past 2 years, with an average cost of 165 USD. The market decline led to the liquidation of 32,000 AAVE at a price of 101 USD, resulting in a loss of 3.22 million USD. After this repurchase, the Whale currently holds 276,000 AAVE, maintaining an average cost of 165 USD.