This big brother who is using a loop loan to go long on $AAVE really believes in AAVE. Even after his position was partially liquidated in early April, he did not stop rolling over and buying AAVE.

During the big drop in early April, AAVE fell to $114, which led to a portion of his leveraged long position in AAVE being liquidated. However, this did not scare him; after the market stopped falling and rebounded, he continued to buy AAVE through loop loans. Since the end of April, he has borrowed 7.22 million U at a price of $231.9 to purchase 31,000 AAVE.

Now, he holds 120,000 AAVE ($29.78M) through loop loans, with an average cost price of $189. Currently, he has an unrealized profit of $6.98 million. The liquidation price of his position is at $161.5.