A large whale is making bold moves in the $AAVE market, significantly increasing their holdings over the past 48 hours. Nine hours ago, the whale purchased 31,173 $AAVE tokens, worth approximately $4.8 million, and deposited them into the Aave platform. Following this, they borrowed 2.7 million $GHO from Aave, swapped it for $USDC, and deposited the $USDC into Coinbase to buy even more $AAVE. A whale is going long on $AAVE. The whale bought 31,173 $AAVE($4.8M) 9 hours ago and deposited it into #Aave. Then he borrowed 2.7M $GHO from #Aave and swapped it to $USDC. And deposited the $USDC
The post Whales Bet Big On $AAVE With Massive Accumulation And Strategic Borrowing appeared first on The Merkle News.
