AAVE whale strikes again: a major exchange buys over 11,000 tokens, setting a new record for holdings

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【Chain News】Another interesting on-chain movement has been discovered. A certain whale player recently bought 11,089 AAVE tokens from a major exchange in one go, spending nearly $1.9 million. This guy’s holdings are not ordinary—holding 355,093 AAVE tokens, with a total value approaching $60 million.

However, there’s a detail worth noting: simultaneously carrying $30 million in debt. What does this mean? Either leverage trading is underway, or there is cross-chain lending involved. Based on the holding size and debt ratio, this whale’s activity in AAVE appears to be quite leveraged. Such actions by large holders often reflect market participants’ expectations for the future market direction.

AAVE2,51%
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WalletManagervip
· 19h ago
355,000 AAVE tokens held in hand, debt split in half... This guy's risk factor is pretty high. Playing with leverage so aggressively, you really need to keep a close eye on private key security. A smart contract vulnerability could wipe out your entire investment.
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FloorSweepervip
· 19h ago
lmao this whale's literally leveraging 50/50 on aave? that's not accumulation phase energy, that's desperation with extra steps. $30m debt on $60m stack screams "i know something or i'm about to get liquidated" — no in between honestly. watched too many alphas leak this way before the rug pull szn...
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0xDreamChaservip
· 19h ago
60 million in holdings versus 30 million in debt, this guy really dares to play
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PensionDestroyervip
· 19h ago
Damn, this leverage ratio—60 million in holdings with 30 million in debt. Is this a bet that AAVE will rise or just playing with fire?
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