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A whale borrowed 33 million USDC from Aave in the past hour and bought 11,486 ETH

A whale borrowed 33 million USDC from Aave in the past hour and bought 11,486 ETH

CointimeCointime2024/11/07 04:33
By:Cointime

based on data from Whale Alert, a whale/institution has bet on the continued rise of ETH: in the past hour, they borrowed 33 million USDC from Aave to buy 11,486 ETH at an average price of $2,873. Additionally, they previously bought 125,600 AAVE (worth $23.94 million) at an average price of $127 at the end of August, which is currently yielding a profit of up to $7.2 million (+45%).

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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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