Analyst Eugene observed that an AAVE whale liquidated $101 32,000 AAVE tokens during the market crash, then re-entered the market. Over half a month, this investor spent 14 million USDC to purchase 80,900 AAVE tokens, bringing his total holdings to 333,000 tokens, with a total cost of $167 and a liquidation price of $117.7. Over the past two years, he has continued to accumulate tokens using a circular lending strategy.
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Analyst Eugene observed that an AAVE whale liquidated $101 32,000 AAVE tokens during the market crash, then re-entered the market. Over half a month, this investor spent 14 million USDC to purchase 80,900 AAVE tokens, bringing his total holdings to 333,000 tokens, with a total cost of $167 and a liquidation price of $117.7. Over the past two years, he has continued to accumulate tokens using a circular lending strategy.