According to ChainCatcher, analyst Yu Jin monitored that an AAVE whale was liquidated for 32,000 AAVE at the price of $101 during the market crash, but started re-entering the market on November 24. Within half a month, this investor spent 14 million USDC to purchase 80,900 AAVE at an average price of $173. Currently, the investor holds a total of 333,000 AAVE (worth about $62.59 million) through a cyclical lending strategy, 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 via a cyclical lending strategy.
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