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TechFlow reports, according to Lookonchain monitoring, a whale is currently going long on AAVE. Nine hours ago, the whale purchased 31,173 AAVE (approximately $4.8 million) and deposited them into Aave. The whale then borrowed 2.7 million GHO from Aave, swapped it for USDC, and deposited the USDC into Coinbase to buy more AAVE.
Then he borrowed 2.7 million GHO from Aave, swapped it for USDC, and deposited the USDC into Coinbase to purchase more AAVE.
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