Data: An AAVE whale has repurchased AAVE worth $4 million after previously having part of their position liquidated due to a sharp price drop.

According to ChainCatcher, on-chain analyst Ember (@EmberCN) has monitored that an AAVE whale purchased 24,000 AAVE, worth $4 million.

This whale had previously been partially liquidated during a market crash. Data shows that over the past two years, this whale accumulated 284,000 AAVE through cyclical loans, with an average cost of $165. Due to the market downturn, 32,000 AAVE were liquidated at a price of $101, resulting in a loss of $3.22 million. After this repurchase, the whale currently holds 276,000 AAVE, with the average cost remaining at $165.