A major AAVE whale has repurchased $4 million worth of AAVE, having previously liquidated part of its position due to the sharp drop.

According to Mars Finance, on-chain analyst EmberCN (@EmberCN) reports that an AAVE whale has purchased 24,000 AAVE tokens, worth $4 million. This whale had previously liquidated part of its positions during the market crash. Data shows that this whale accumulated 284,000 AAVE tokens over the past two years through revolving loans, with an average cost of $165. The market downturn led to the liquidation of 32,000 AAVE tokens at $101, resulting in a loss of $3.22 million. Following this buyback, the whale currently holds 276,000 AAVE tokens, maintaining an average cost of $165.