The AAVE whale who was liquidated at $101 is making a comeback: has accumulated 80,000 tokens in half a month

robot
Abstract generation in progress

[Bitpush] Remember that crash in October? There was a big player doing loop lending who got liquidated at $101, losing 32,000 AAVE in one go.

Turns out this guy came back again starting November 24. Did he learn his lesson this time? Nope, he doubled down.

In just half a month, he threw in $14 million USDC and bought 80,900 AAVE at an average price of $173. Now he’s holding 333,000 AAVE, worth $62.59 million at current prices. His average cost is $167, and his liquidation price is set at $117.7.

This move uses the same old recipe—loop lending with leverage. Last time he got wiped out at $101, this time his defense is lowered by more than ten points. Is he playing it safer or just taking bigger risks? The market will give the answer.

AAVE-1.49%
USDC0.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
MoonMathMagicvip
· 12-07 23:52
Haha, he's really bold. This guy got slapped in the face last time and still dares to keep arguing. Isn't he afraid it'll happen again?
View OriginalReply0
LightningLadyvip
· 12-07 01:28
This guy is really addicted—he still dares to go all-in even after getting liquidated. His guts are unbelievable...
View OriginalReply0
AirdropHermitvip
· 12-07 01:08
This guy really isn’t afraid of dying, this time he’s leveraged up even more—he’ll get liquidated at $117. It’s no different from playing with fire.
View OriginalReply0
ContractHuntervip
· 12-07 01:04
Haha, here comes another one who's not afraid of losing it all. Liquidation at 117 bucks—what a crazy gambler.
View OriginalReply0
ChainComedianvip
· 12-07 01:02
This guy is really carefree—he dares to come back even after getting liquidated, and even doubles down on his bets... Looks like he’s about to get taught a lesson again.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)