On December 27th, on-chain data monitoring services detected a large transaction — a whale has been accumulating AAVE intensively over the past 4 days.



In the most recent operation, this whale spent 1086 ETH (approximately $3.17 million) to buy 20,375 AAVE in one go. And this is just the tip of the iceberg. Looking back over the previous 4 days, the whale spent a total of 1586 ETH, equivalent to $4.7 million in real money, accumulating 30,003 AAVE at an average price of $156.65.

After this frenzy, the current situation is a bit awkward. The whale holds 59,955 AAVE tokens, with a book value of $9.24 million, but the unrealized loss has already expanded to $4.26 million. In other words, the investor's average cost basis is significantly higher than the current market price, placing them in a considerable short-term loss zone.

From a trading logic perspective, this operation clearly reflects optimism about AAVE's medium-term trend, but the recent plunge makes the timing of the accumulation less than perfect.
AAVE-1,51%
ETH0,02%
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LiquidityWitchvip
· 12-27 01:51
Haha, even the whales got caught. This is the real on-chain story. --- Average cost over 156, and still buying the dip... Looks like this guy might be stuck in this position for a while. --- 426K in unrealized losses. How strong must the conviction be to hold on? --- Another story where "mid-term optimistic" turns into "short-term trapped." It happens every time. --- I bet five bucks this whale will have to top up eventually. --- No wonder it's on-chain data, revealing the blood of big players haha. --- With such a high average cost, still daring to keep buying? Either there's something wrong with their head, or they truly believe. --- Now it's all over. The plunge was so fierce that even the big players have to admit defeat. --- 470K USD just went down the drain. I'm envious.
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MEVHunterWangvip
· 12-27 01:49
Haha, it's another story of chasing the high. The feeling of a floating loss of 4.26 million just makes me feel sour thinking about it. Bro, you really timed this wave perfectly. How does it feel to buy at the top? But to be fair, this guy's determination is really strong. The obvious trend of adding more positions shows he's not bearish on AAVE. I just want to ask, are the whales now all betting on a rebound?
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WagmiWarriorvip
· 12-27 01:46
Haha whale this wave of heavy loss, didn't buy the bottom completely
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TokenCreatorOPvip
· 12-27 01:43
Oh no, this whale probably got caught in a trap It's another story of buying at a high point... 4.26 million floating loss, it really hurts
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TopBuyerForevervip
· 12-27 01:26
Haha, it's me again, the vibe is right What's up, is this whale also starting to imitate me? Perfectly replicating my top art
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