$AAVE
Big moves have appeared in the crypto world!
This giant whale has gone all in with 120,000 AAVE,
realizing a profit of nearly 7 million USD!
According to on-chain analysts, a mysterious whale, during the significant drop in AAVE's price in early April, even amidst some liquidations, not only remained calm but went against the trend, aggressively increasing their position in AAVE through circular loans.
At that time, AAVE fell to 114 USD, and many investors were in a panic selling mode, but this whale saw an opportunity and switched to “buying mode.” Now, they hold 120,000 AAVE at an average price of 189 USD, with a total holding value of about 29.78 million USD. Based on the current price of AAVE, they have already realized a profit of nearly 7 million USD.
However, investment always comes with risks. Although the whale is currently very happy with their profits, they are not entirely at ease. Their liquidation price is currently 161.5 USD, and if AAVE’s price unfortunately drops to that level, their assets could be in danger and might face forced liquidation.
What will happen to AAVE's price next? Will this whale continue to make huge profits, or will they face liquidation risks? Let’s stay tuned!
