TechFlow news, May 24 — According to on-chain data analyst Yinjing, a whale/institutional investor who sold 184.4 WBTC (approximately $20.4 million) yesterday via Wintermute OTC has today purchased $15 million worth of AAVE through the same platform.
The investor transferred $15 million in USDC to Wintermute and subsequently received 57,715 AAVE at an average price of approximately $259.9 per token. Since March 2023, this investor has been consistently accumulating AAVE, investing a total of $30.8 million to acquire 224,010 AAVE at an average cost of $137.5 per token. Based on the current price, the investor's holdings have an unrealized profit of approximately $26.32 million.




