BlockBeats News, December 23: According to monitoring by HyperInsight, over the past 15 hours, affected by the continuous decline of AAVE from yesterday to this morning, the major long whale (0x074) on Hyperliquid was liquidated and suffered a forced liquidation after consecutive liquidations, with a short-term liquidation size of approximately $1.19 million. This long position was previously opened on November 16 at an average price of $189.
Separately, according to monitoring by on-chain analyst Yu Jin, Aave founder Stani Kulechov purchased AAVE tokens again this morning. Stani withdrew 1,699 ETH (approximately $5.17 million) from Kraken earlier today and bought 32,658 AAVE at an average price of about $158.
Notably, this is already Stani’s second recent purchase during a price dip. As early as December 16, when the governance conflict between the Aave development team and the community DAO escalated, he had already begun buying. According to statistics, since the start of this round of governance controversy, Stani has cumulatively used 5,000 ETH (approximately $14.84 million) to purchase 84,033 AAVE in batches, with a comprehensive average cost of about $176.6. He currently holds 84,033 AAVE, valued at $12.6 million, with an unrealized loss of approximately $2 million.
Earlier yesterday, news emerged that the Aave community will initiate a vote on the “Transfer of Brand Asset Control to Token Holders” ARFC proposal on Snapshot tomorrow at 10:40, with voting lasting until December 26. Before this news was released, the whale address ranked second in AAVE holdings sold 230,000 AAVE (approximately $38 million), causing the AAVE price to drop by over 12% in a short period.
