AAVE Whale Re-Enters Market, Buys 80,900 AAVE in 15 Days

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Citing TechFlow, a major AAVE whale has re-entered the market, purchasing 80,900 AAVE tokens at an average price of $173 over the past 15 days, using 14 million USDC. The investor, previously liquidated during the October 11 market crash, now holds 333,000 AAVE tokens via leveraged loans, with a liquidation price of $117.7. This whale has been consistently accumulating AAVE through a loan cycling strategy over the past two years.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.