PANews reported on November 24 that, according to on-chain analyst Ember, an AAVE whale that had some of its positions liquidated during the sharp drop on October 11 bought back 24,000 AAVE tokens (US$4 million) today.

• Through revolving loans, this whale has amassed 284,000 AAVE tokens over the past two years at an average price of $165.
• On October 11, a sharp drop occurred, and his borrowed position was liquidated at a price of $101, resulting in the loss of 32,000 AAVE tokens ($3.22 million).
• Today, he spent 4 million USDC to buy back 24,000 AAVE. He now holds 276,000 AAVE at an average price of $165.