The giant whale bets 70 million on AAVE, continuously increasing positions all night!
On-chain monitoring has discovered that a certain fish is executing a 'circular chokehold' operation on AAVE:
11 hours ago, he borrowed 5 million USDC from AAVE, packaged it, and transferred it to Wintermute to buy 19,608 AAVE, and immediately put it all back into AAVE for staking.
The entire process was smooth and seamless.
Currently, this address holds a total of 280,674 AAVE, with a market value of up to 69.66 million USD, having borrowed a cumulative total of 32.22 million USDC, effectively pushing the position to the ceiling.
