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Stani Kulechov - Founder of Aave Liquidates 4,504 ETH for 8.36 Million USDC
In recent hours, Stani Kulechov, the founder of the DeFi platform Aave, executed a large liquidation transaction. According to a report from Foresight News, he transferred 4,504 ETH with a total value of approximately 8.36 million USDC, with the sale price set at $1,855 per ETH.
This activity by the Aave founder has attracted attention from the community as it has caused a certain impact on the market. Since the transaction, the current ETH price is around $1.95K, indicating market volatility following this significant trading volume. The 4,504 ETH liquidated represents a massive asset, reflecting strategic decisions by major investors in the blockchain space.