Whale 0x109 Borrows $5M USDT on AAVE to Acquire 1,844 ETH, Then Deposits into AAVE Earning 23,786 aETHWETH

According to The Data Nerd, whale address 0x109 recently borrowed $5 million USDT from AAVE and used the funds to accumulate 1,844 ETH, valued at approximately $4.6 million. The whale subsequently deposited all 1,844 ETH back into AAVE, receiving 23,786 aETHWETH tokens. This sizable transaction demonstrates increased whale activity around AAVE and ETH, signaling potential bullish sentiment and heightened demand for ETH yield strategies within the DeFi lending ecosystem. Traders should monitor ETH and AAVE liquidity metrics, as large whale deposits can impact both token price volatility and short-term lending rates. (Source: The Data Nerd on Twitter, June 13, 2025)
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In a significant on-chain move just 15 minutes ago, a crypto whale with the address starting 0x109 made a bold play in the decentralized finance space. According to data shared by The Data Nerd on social media, this whale borrowed 5 million USDT from the AAVE protocol to accumulate 1,844 ETH, valued at approximately 4.6 million USD at the time of the transaction on June 13, 2025, around 14:30 UTC based on the timestamp of the post. Following this acquisition, the whale supplied all 1,844 ETH back into AAVE as collateral, resulting in a total holding of 23,786 AETHWETH in their wallet. This leveraged strategy highlights the growing use of DeFi protocols like AAVE for large-scale trading maneuvers, often signaling confidence in Ethereum’s price trajectory or a calculated move to earn yield on staked assets. Such whale activity frequently draws attention from retail traders, as it can influence short-term market sentiment for ETH and related pairs. With Ethereum being a cornerstone of the crypto market, this transaction also underscores the interplay between DeFi activity and broader market dynamics, potentially impacting trading strategies for ETH/BTC, ETH/USDT, and other major pairs. For traders monitoring whale movements, this event serves as a critical data point for assessing market direction, especially in a landscape where on-chain metrics often precede price shifts. As of the latest data, ETH is trading around 2,500 USD per coin, though exact prices at the time of the whale’s purchase are not specified in the source. This activity raises questions about whether other large players might follow suit, amplifying volatility or stabilizing ETH through increased liquidity on AAVE.
The trading implications of this whale’s activity are multifaceted and worth dissecting for crypto investors seeking actionable insights. At the time of the transaction on June 13, 2025, at approximately 14:30 UTC, the accumulation of 1,844 ETH using borrowed USDT suggests a bullish outlook on Ethereum’s price or a strategic play to leverage AAVE’s lending and yield mechanisms. By supplying the ETH back into AAVE, the whale may be aiming to earn interest on the staked assets while maintaining exposure to ETH price appreciation. This move could impact trading pairs like ETH/USDT, where increased buying pressure might temporarily push prices higher. On-chain data from platforms tracking whale activity often shows that such large transactions can trigger short-term volatility, as retail traders react to perceived signals of confidence. Additionally, this event could influence sentiment in the broader crypto market, potentially driving volume spikes in DeFi tokens like AAVE itself, which saw a 24-hour trading volume of over 120 million USD as of June 12, 2025, according to CoinGecko data. Traders might consider monitoring ETH/USDT order books on major exchanges like Binance or Coinbase for signs of follow-on buying or selling pressure. Furthermore, the interplay between stock market sentiment and crypto remains relevant—rising interest in DeFi often correlates with risk-on behavior in traditional markets like the S&P 500, which was up 0.5 percent at the close on June 12, 2025, per Yahoo Finance reports. This cross-market dynamic suggests institutional money could flow into ETH if equities maintain bullish momentum.
From a technical perspective, Ethereum’s price action around the time of this whale transaction on June 13, 2025, at 14:30 UTC warrants close attention. While exact price data at the moment of purchase isn’t available, ETH hovered near 2,500 USD with a 24-hour trading volume of approximately 15 billion USD across major exchanges as of June 12, 2025, based on CoinMarketCap figures. Key indicators like the Relative Strength Index (RSI) for ETH/USDT on the 4-hour chart sat at 52, signaling neutral momentum just before the whale’s move, per TradingView data accessed on June 12, 2025. The Moving Average Convergence Divergence (MACD) also showed a potential bullish crossover on the daily chart, hinting at upward momentum that could align with the whale’s accumulation strategy. On-chain metrics further reveal that Ethereum’s network activity, including daily active addresses, spiked by 8 percent to 450,000 on June 12, 2025, as reported by Glassnode, potentially supporting the whale’s confidence in ETH’s fundamentals. In terms of stock-crypto correlation, Ethereum often mirrors risk assets like the Nasdaq, which gained 0.7 percent on June 12, 2025, according to Bloomberg data. This suggests that institutional investors might be rotating funds into crypto amid positive equity sentiment, amplifying the impact of whale moves like this one. Trading opportunities could emerge in ETH/BTC, which traded at 0.041 BTC per ETH with a daily volume of 2 billion USD on June 12, 2025, per Binance data. A breakout above key resistance at 2,550 USD for ETH could confirm bullish momentum, while a drop below 2,450 USD might signal profit-taking by leveraged players. Monitoring AAVE’s token volume, which increased by 5 percent to 125 million USD in the last 24 hours as of June 12, 2025, per CoinGecko, also provides clues on DeFi sector strength tied to such whale activity. Institutional money flow between stocks and crypto remains a critical factor, as recent reports from CoinDesk on June 11, 2025, noted a 10 percent uptick in crypto ETF inflows, reflecting growing overlap between traditional and digital asset markets.
In summary, this whale’s leveraged play on AAVE with ETH underscores the intricate relationship between on-chain activity, DeFi protocols, and broader market trends. Traders should remain vigilant for volume shifts and price reactions across ETH pairs and DeFi tokens, while keeping an eye on stock market sentiment as a driver of risk appetite in crypto. With institutional interest bridging equities and digital assets, such whale moves could herald larger trends worth capitalizing on.
The trading implications of this whale’s activity are multifaceted and worth dissecting for crypto investors seeking actionable insights. At the time of the transaction on June 13, 2025, at approximately 14:30 UTC, the accumulation of 1,844 ETH using borrowed USDT suggests a bullish outlook on Ethereum’s price or a strategic play to leverage AAVE’s lending and yield mechanisms. By supplying the ETH back into AAVE, the whale may be aiming to earn interest on the staked assets while maintaining exposure to ETH price appreciation. This move could impact trading pairs like ETH/USDT, where increased buying pressure might temporarily push prices higher. On-chain data from platforms tracking whale activity often shows that such large transactions can trigger short-term volatility, as retail traders react to perceived signals of confidence. Additionally, this event could influence sentiment in the broader crypto market, potentially driving volume spikes in DeFi tokens like AAVE itself, which saw a 24-hour trading volume of over 120 million USD as of June 12, 2025, according to CoinGecko data. Traders might consider monitoring ETH/USDT order books on major exchanges like Binance or Coinbase for signs of follow-on buying or selling pressure. Furthermore, the interplay between stock market sentiment and crypto remains relevant—rising interest in DeFi often correlates with risk-on behavior in traditional markets like the S&P 500, which was up 0.5 percent at the close on June 12, 2025, per Yahoo Finance reports. This cross-market dynamic suggests institutional money could flow into ETH if equities maintain bullish momentum.
From a technical perspective, Ethereum’s price action around the time of this whale transaction on June 13, 2025, at 14:30 UTC warrants close attention. While exact price data at the moment of purchase isn’t available, ETH hovered near 2,500 USD with a 24-hour trading volume of approximately 15 billion USD across major exchanges as of June 12, 2025, based on CoinMarketCap figures. Key indicators like the Relative Strength Index (RSI) for ETH/USDT on the 4-hour chart sat at 52, signaling neutral momentum just before the whale’s move, per TradingView data accessed on June 12, 2025. The Moving Average Convergence Divergence (MACD) also showed a potential bullish crossover on the daily chart, hinting at upward momentum that could align with the whale’s accumulation strategy. On-chain metrics further reveal that Ethereum’s network activity, including daily active addresses, spiked by 8 percent to 450,000 on June 12, 2025, as reported by Glassnode, potentially supporting the whale’s confidence in ETH’s fundamentals. In terms of stock-crypto correlation, Ethereum often mirrors risk assets like the Nasdaq, which gained 0.7 percent on June 12, 2025, according to Bloomberg data. This suggests that institutional investors might be rotating funds into crypto amid positive equity sentiment, amplifying the impact of whale moves like this one. Trading opportunities could emerge in ETH/BTC, which traded at 0.041 BTC per ETH with a daily volume of 2 billion USD on June 12, 2025, per Binance data. A breakout above key resistance at 2,550 USD for ETH could confirm bullish momentum, while a drop below 2,450 USD might signal profit-taking by leveraged players. Monitoring AAVE’s token volume, which increased by 5 percent to 125 million USD in the last 24 hours as of June 12, 2025, per CoinGecko, also provides clues on DeFi sector strength tied to such whale activity. Institutional money flow between stocks and crypto remains a critical factor, as recent reports from CoinDesk on June 11, 2025, noted a 10 percent uptick in crypto ETF inflows, reflecting growing overlap between traditional and digital asset markets.
In summary, this whale’s leveraged play on AAVE with ETH underscores the intricate relationship between on-chain activity, DeFi protocols, and broader market trends. Traders should remain vigilant for volume shifts and price reactions across ETH pairs and DeFi tokens, while keeping an eye on stock market sentiment as a driver of risk appetite in crypto. With institutional interest bridging equities and digital assets, such whale moves could herald larger trends worth capitalizing on.
The Data Nerd
@OnchainDataNerdThe Data Nerd (On a mission to make onchain data digestible)