A whale bought 45,377 AAVE through a revolving loan in the past 30 hours
According to the analysis by on-chain analyst Yu Jin, Whale has purchased 45,377 AAVE ($6.92 million) through a loop lending method in the past 30 hours at an average price of $152.5.
He borrowed stablecoins by pledging AAVE, then bought AAVE on Coinbase and continued to pledge and borrow AAVE.
In the past 30 hours, he borrowed $6.92 million in stablecoins and bought 45,377 AAVE on Coinbase.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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