According to The Data Nerd, whale address 0x372 executed significant leveraged activity on AAVE, borrowing $5M USDC 11 hours ago, transferring it to Wintermute, and accumulating 19,608 AAVE tokens. The whale supplied these AAVE tokens back into AAVE, continuing to loop and ultimately amassing a total of 280,674 AAVE (valued at approximately $69.66M) while borrowing a total of $32.22M USDC. This aggressive looping and collateral strategy signals high conviction in AAVE price stability and liquidity, and may increase volatility or impact lending rates for AAVE and USDC pairs in the DeFi ecosystem. Traders should closely monitor this address and AAVE liquidity pools for potential liquidation risks or sharp price movements. Source: The Data Nerd (@OnchainDataNerd, June 6, 2025).