TechFlow reports, according to on-chain analyst Lookonchain, that a whale appears to have gone long on AAVE and ETH via Aave. One hour ago, the whale borrowed 339,448 USDC from Aave and used it to purchase 5,091 AAVE at $66.67 each, depositing them back into Aave. The whale then swapped 10,580 aEthAAVE for 284 aEthwstETH, bringing its current position on Aave to 25,091 AAVE (worth approximately $1.67 million).
Since April 6, this whale has purchased a total of 35,672 AAVE (worth about $2.64 million) at an average price of $73.92.
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