Data: A certain AAVE whale has repurchased $4 million worth of AAVE after being partially liquidated due to a sharp decline

According to on-chain analyst Yu Jin (@EmberCN), an AAVE whale purchased 24,000 AAVE, worth 4 million dollars.

This whale had previously been liquidated on part of its positions during the market crash. Data shows that the whale accumulated 284,000 AAVE over the past 2 years through circular loans, with an average cost of 165 dollars. The market downturn led to the liquidation of 32,000 AAVE at a price of 101 dollars, resulting in a loss of 3.22 million dollars. After this repurchase, the whale currently holds 276,000 AAVE, maintaining an average cost of 165 dollars.