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A certain Whale borrowed 5 million USDC to purchase 19,608 AAVE.

DailyNews

2025-06-06 07:40:17

USDC-0,01%

AAVE-1,39%

According to on-chain analyst The Data Nerd, a giant whale continues to operate AAVE in a circular manner. 11 hours ago, it lent 5 million USDC from AAVE to Wintermute to buy 19,608 AAVE, and then deposited it all back to AAVE. Currently, this address holds 280,674 AAVE (approximately 69.66 million USD) and has borrowed a total of 32.22 million USDC.

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