A certain AAVE whale is facing liquidation, with a floating loss of 3.58 million US dollars on its position

星球日报|Apr 07, 2025 01:38
Odaily Planet Daily News: According to the monitoring of Ashes, a giant whale that used leverage to invest in AAVE is facing liquidation risks. If the price of AAVE drops by another $7 (to $123), its 102000 AAVE positions (worth $13.08 million) will be liquidated. The whale borrowed 9.56 million GHO from Aave through a revolving loan from October to December last year to purchase AAVE, with an average cost of $166. From the purchase until the end of last year, the highest floating profit was $21.33 million, but now it has lost $3.58 million and has not been sold.
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