AAVE Price Drop Triggers Whale Liquidation

According to Odaily, on-chain analyst Yu Jin has reported a significant liquidation event involving a large AAVE holder. As the price of AAVE fell to $116, an address known as the '102,000 AAVE Whale' was liquidated, resulting in the sale of 5,684 AAVE to repay 618,000 GHO. If AAVE's price continues to drop below $115, further liquidation of this position is expected.