Data: A certain whale bought 45,000 AAVE through a revolving loan in the past 30 hours, amounting to approximately 6.92 million USD

2024-10-14 08:53:00

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According to ChainCatcher news, on-chain analyst Yu Jin monitored that a whale bought 45,377 AAVE (6.92 million USD) through a loop loan in the last 30 hours, with an average price of 152.5 USD.

He collateralized AAVE to borrow stablecoins, then transferred them to Coinbase to buy AAVE back to the address for continued collateralized borrowing of AAVE.

In the past 30 hours, he borrowed 6.92 million U stablecoins and transferred them to Coinbase to buy 45,377 AAVE.

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Whale Circular Loan AAVE

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