The giant whale has once again increased its position in AAVE through a circular loan, having previously been liquidated for 32,000 AAVE

According to crypto analyst Yu Jin @EmberCN, a giant whale in the circular loan market was liquidated for 32,000 AAVE at $101 during the crash and has been continuously increasing its position in AAVE through circular loans since November 24.

In the past half month, a total of 14 million USDC has been invested to purchase 80,900 AAVE, with an average entry price of about $173. Currently, the whale's total holdings have increased to 333,000 AAVE, valued at approximately $62.59 million, with an average cost of about $167 and a liquidation price of about $117.7.