Whale Alert: Large Purchase of AAVE Follows $20M Sale of WBTC
On-chain analyst Yu Jin highlighted significant movements from a crypto whale. The entity recently sold 184.4 WBTC—worth about $20.4 million—through Wintermute OTC.
After the sale, the whale transferred $15 million in USDC to Wintermute and acquired 57,715 AAVE tokens at $259.9 each.
Since March 2023, this investor has been steadily accumulating AAVE, spending a total of $30.8 million to collect 224,010 tokens at an average cost of $137.5. This position now shows an unrealized gain of approximately $26.32 million.
$AAVE $USDC $WBTC
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