A large investor, known as a whale, recently borrowed 33 million USDC from Aave and purchased 11,486 ETH at an average price of US$2,873. This whale had previously bought 125,600 AAVE ($23.94 million) at an average price of $127 in late August. The AAVE investments have now made a profit of up to $7.2 million (+45%).
This information was reported by Ember Monitoring and shared by BlockBeats news.