On-chain data shows that a whale investor has been very active on AAVE recently. On December 27th alone, they purchased 1,086 ETH (approximately $3.17 million) to buy 20,375 AAVE. But that's not all — over the past 4 days, this large holder has invested a total of 1,586 ETH ($4.7 million), buying 30,003 AAVE at an average cost of $156.65.



It sounds ambitious, but the reality is sobering. Currently, this whale holds 59,955 AAVE, with a paper value of $9.24 million. The problem is: this position is facing a floating loss of $4.26 million.

This move is quite interesting. The large holder's decisive accumulation suggests they have a view on AAVE's future. But the paper loss also reminds us that even experienced whales face significant challenges in timing the market. Whether this is a buying opportunity or a signal of being trapped will be answered by the market.
AAVE-2,13%
ETH0,16%
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Blockwatcher9000vip
· 14h ago
Damn, $4.7 million invested and now a floating loss of $4.26 million. This whale is really too miserable. It seems that even big players are not gods. Timing the market is truly exceptional. Are they still pouring in at this price? Could it be a bottom signal... A $4.26 million hole, how much rebound is needed to break even? It’s painful. If AAVE rebounds this time, it will be a huge profit; otherwise, it’s really a big mistake. Still risking $4.7 million to keep holding, either a lunatic or truly optimistic. This is the cost of being a whale. Even with lots of money, you can't avoid choosing the wrong timing.
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GasFeeGazervip
· 12-27 01:50
Whales can lose 4.26 million, what are we retail investors still playing for... --- It looks a bit awkward for this big holder to buy at an average price of 156, which isn't low --- Decisively increasing positions shows confidence in the future market, but this floating loss number is really astonishing --- Throwing 4.7 million just for this result feels a bit like killing the goose that lays the golden eggs --- But on the other hand, operations like whales usually mean bottom-fishing, let's wait and see --- Is AAVE about to take off or continue to fall? Just look at the whales' choices --- Bought at an average price of 156, what is the current price, brothers --- Even big players can't escape the fate of "buying at high levels," that's the market --- Floating loss of 4.26 million, I would have run away long ago --- Timing the market, no one can say they are good at it
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NotGonnaMakeItvip
· 12-27 01:50
Whales have accumulated 4.26 million; do we retail investors still have a chance...
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ShadowStakervip
· 12-27 01:47
ngl the timing on this whale's aave accumulation is... rough. $4.26m underwater already? that's what happens when you think you're catching the bottom but the bottom has other ideas lol
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RektRecoveryvip
· 12-27 01:45
ngl this is exactly the kind of timing disaster i predicted would happen. whale gets caught holding a 4.26m bag and suddenly everyone's like "ooh maybe they know something" lol... classic cope. the real story here isn't the conviction play, it's that even with $4.7m dry powder these guys still whiff on entry points. predictable vulnerability tbh
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LiquidationWizardvip
· 12-27 01:35
Ha, how can this whale keep losing? Losing 4.26 million and still buying more—are they truly committed or trapped? Even big players can sometimes get it wrong. What is AAVE up to this time? Bought at an average price of 156; how much lower does it need to go to break even?
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SignatureAnxietyvip
· 12-27 01:31
Oh no, this whale probably hit a landmine, with a loss of $4.26 million... Wait, is it still bottom-fishing or already trapped? Really want to see how he handles it next. If big players can lose this much, what can we retail investors expect, haha. Is this really bottom-fishing or just the prelude to another wave of爆雷? Waiting for a rebound. Anyway, AAVE does have a chance this time, but the timing is really hard to grasp.
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