🚨🚨🚨🚨🚨 Wintermute "All-in" on AAVE: An explosive signal for DeFi?

🔥

In just the last 11 hours, the Wintermute wallet has made a notable move on AAVE V3. After borrowing 5 million USDC and transferring it to a hot wallet, Wintermute seized the opportunity as AAVE dropped from $255 to $240 to withdraw 19,607 AAVE (equivalent to $4,757,000) - a clear "buy-in" move.

🔥

Notably, this amount of AAVE was immediately collateralized again on AAVE V3. Currently, the Wintermute wallet is collateralizing a total of 280,000 AAVE and borrowing 32 million USDC to continue its rotation strategy, with a safe collateral ratio (HR) of 1.65.

🔥

Could these strong AAVE accumulation moves from "whales" and market makers like Wintermute be a sign of an upcoming price increase for AAVE in particular and the entire DeFi ecosystem in general?