A whale is again using revolving lending to increase its holdings of AAVE, after previously having 32,000 AAVE liquidated on "October 11th".

According to crypto analyst EmberCN, a revolving loan whale that liquidated 32,000 AAVE tokens at $101 during the October 11 crash has been continuously adding to its AAVE holdings through revolving loans since November 24. Over the past two weeks, it has invested a total of 14 million USDC to purchase 80,900 AAVE tokens, with an average purchase price of approximately $173.

The whale's total holdings have now increased to 333,000 AAVE tokens, with a market value of approximately $62.59 million, a total cost of approximately $167, and a liquidation price of approximately $117.7.