Massive AAVE Whale Liquidation Triggers Price Drop

A recent significant dip in AAVE cryptocurrency prices led to a substantial liquidation event involving a large whale holding the asset. Odaily reports that an address identified as ‘the 102,000 AAVE Whale’ was liquidated due to the price drop from over $116 to $115. This resulted in a sale of 5,684 AAVE tokens to repay a significant debt of 618,000 GHO. If the AAVE price falls further below $115, additional liquidation of this position is anticipated.