PANews reported on December 7th that, according to on-chain analyst Ember, a revolving lending whale that liquidated 32,000 AAVE at $101 during the October 11th crash resumed revolving lending to purchase AAVE on November 24th. In just half a month, it has spent 14 million USDC to buy 80,900 AAVE, at an average price of $173. This whale now holds a total of 333,000 AAVE ($62.59 million) through revolving lending, with a total cost of $167. The liquidation price was $117.7.PANews reported on December 7th that, according to on-chain analyst Ember, a revolving lending whale that liquidated 32,000 AAVE at $101 during the October 11th crash resumed revolving lending to purchase AAVE on November 24th. In just half a month, it has spent 14 million USDC to buy 80,900 AAVE, at an average price of $173. This whale now holds a total of 333,000 AAVE ($62.59 million) through revolving lending, with a total cost of $167. The liquidation price was $117.7.
A certain whale restarted its revolving lending after the AAVE price crash and liquidation, and currently holds a total of 333,000 AAVE tokens.
PANews reported on December 7th that, according to on-chain analyst Ember, a revolving lending whale that liquidated 32,000 AAVE at $101 during the October 11th crash resumed revolving lending to purchase AAVE on November 24th. In just half a month, it has spent 14 million USDC to buy 80,900 AAVE, at an average price of $173. This whale now holds a total of 333,000 AAVE ($62.59 million) through revolving lending, with a total cost of $167. The liquidation price was $117.7.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Robinhood set to enter Indonesia, targeting 17M crypto traders
Robinhood acquired an Indonesian brokerage and digital asset trading firm to access a market with 17 million crypto investors. Crypto and stock trading platform Robinhood is set to tap into Indonesia’s burgeoning cryptocurrency trading market after an agreement to acquire two local fintech companies.In an announcement on Sunday, Robinhood said it has entered into agreements to acquire Buana Capital, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader, “marking our entry into one of Southeast Asia’s fastest-growing markets.”It said that Indonesia has more than 19 million capital market investors and 17 million crypto investors, making it a “compelling market for equities and crypto trading.”Read more
Share
Coinstats2025/12/08 11:25
PIF-backed Lucid expands network in Saudi Arabia
Lucid Group, the US carmaker backed by the Public Investment Fund (PIF), has expanded its network in Saudi Arabia as it seeks to expand its share in the Gulf state’s growing electric vehicle (EV) industry. The Nasdaq-listed EV maker has opened a new studio in Al Khobar in the Eastern Province, the company said in […]
Share
Agbi2025/12/08 12:27
China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise
The post China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise appeared on BitcoinEthereumNews.com. China Blocks Nvidia’s RTX Pro 6000D as Local Chips Rise China’s internet regulator has ordered the country’s biggest technology firms, including Alibaba and ByteDance, to stop purchasing Nvidia’s RTX Pro 6000D GPUs. According to the Financial Times, the move shuts down the last major channel for mass supplies of American chips to the Chinese market. Why Beijing Halted Nvidia Purchases Chinese companies had planned to buy tens of thousands of RTX Pro 6000D accelerators and had already begun testing them in servers. But regulators intervened, halting the purchases and signaling stricter controls than earlier measures placed on Nvidia’s H20 chip. Image: Nvidia An audit compared Huawei and Cambricon processors, along with chips developed by Alibaba and Baidu, against Nvidia’s export-approved products. Regulators concluded that Chinese chips had reached performance levels comparable to the restricted U.S. models. This assessment pushed authorities to advise firms to rely more heavily on domestic processors, further tightening Nvidia’s already limited position in China. China’s Drive Toward Tech Independence The decision highlights Beijing’s focus on import substitution — developing self-sufficient chip production to reduce reliance on U.S. supplies. “The signal is now clear: all attention is focused on building a domestic ecosystem,” said a representative of a leading Chinese tech company. Nvidia had unveiled the RTX Pro 6000D in July 2025 during CEO Jensen Huang’s visit to Beijing, in an attempt to keep a foothold in China after Washington restricted exports of its most advanced chips. But momentum is shifting. Industry sources told the Financial Times that Chinese manufacturers plan to triple AI chip production next year to meet growing demand. They believe “domestic supply will now be sufficient without Nvidia.” What It Means for the Future With Huawei, Cambricon, Alibaba, and Baidu stepping up, China is positioning itself for long-term technological independence. Nvidia, meanwhile, faces…
Share
BitcoinEthereumNews2025/09/18 01:37