Whale Leverages AAVE for $9.22 Million Profit

According to EmberCN, a whale has leveraged a looped loan strategy to long AAVE and has recently borrowed an additional $3 million USDT to purchase 11,605 AAVE at a price of $258 each. This strategy has resulted in a floating profit of $9.22 million. Since October, the whale has borrowed a total of $8.83 million through looped loans to acquire 87,454 AAVE at an average price of $166. The current price of AAVE has risen to $270.
Source余烬
@EmberCNAnalyst about On-chain Analysis