The mysterious giant whale strikes again! Spending 1.3 million USDC to bottom out 1.57 million AERO, is a target price revealed?
Massive USDC is being poured into the AERO pool like cannonballs, and every move by the on-chain giant whale creates huge waves in the crypto ocean.
The dark wallet address ending in '7dF6' shook the crypto circle again today. Onchain Lens monitoring data shows that this giant whale spent 1.3 million USDC to flash purchase 1.579 million AERO tokens at a price of $0.823.
This is the third publicly recorded large AERO position for this address this year. Earlier in early May, this giant whale sold 1,185 ETH and converted most of the funds into 2.92 million AERO, 3.34 million AIXBT, and 6,800 VIRTUAL.
Earlier, in December last year, after Binance announced the launch of AERO perpetual contracts, the same address received 4 million USDC and immediately swept in 2.32 million AERO.
Why are giant whales so fond of AERO? My personal opinion is:
The liquidity heart of the Base chain
AERO is by no means an ordinary DEX; it has grown to become the second largest decentralized exchange by total locked value on the Base chain, nearing $950 million. The daily trading volume has even surpassed $500 million.
As the core liquidity hub of Base, a Layer 2 solution under Coinbase, Aerodrome utilizes the advanced Slipstream mechanism—a concentrated liquidity AMM model, handling 85% of the platform's trading volume.
The brilliance of the mechanism lies in: all transaction fees are distributed to users who lock AERO tokens, forming a value closed loop.
In mid-June, Coinbase announced that DEX services on the Base chain would be directly integrated into its main application, further highlighting Aerodrome's position as a core participant.
After the announcement, the AERO price soared nearly 35%, with a single-day increase surpassing the majority of the top 100 crypto assets.
The Holding Logic of the Giant Whale
On-chain analysts found that this giant whale's operations are highly methodical. The timing of its AERO acquisitions corresponds closely with significant positive news, demonstrating a precise information advantage.
The launch of perpetual contracts on Binance and the integration of Base chain DEX into the main Coinbase application; every move by core exchanges becomes a charge signal for giant whales.
The giant whale's operational methods are also worth noting. After accumulating in May, it exchanged some AERO for VIRTUAL tokens, indicating a strategic combination configuration.
Currently, its wallet still holds 2.9 million AERO, which may continue to adjust positions at any time.
Delving into the AERO token mechanism, we find its design is highly strategic:
AERO adopts an inflation model, with a current circulation of about 614 million coins and no hard cap. The initial supply is 500 million coins, of which 440 million are allocated as vote-escrowed, and the remainder is used for incentives.
The weekly emission goes through three phases: an increase of 3% for the first 14 weeks, followed by a decrease of 1% each week, and after about 67 weeks, the emission scale will be determined by veAERO holders through voting.
The most critical deflationary mechanism is: 30% of the protocol's annual revenue of $285 million is used for AERO buybacks. This equates to nearly $90 million of buying support each year.
veAERO holders not only receive 100% of the protocol's revenue sharing but can also earn additional rebase rewards by locking tokens.
How should we respond to the giant whale's actions?
Closely monitor the timeline for when Coinbase user access is fully opened. Once millions of Coinbase users can seamlessly access Base chain DEX, Aerodrome will face a true tsunami of traffic.
Observe the battle for the key position at $0.75. On June 14, AERO broke through $0.745, with a 7-day increase of 44%. The current whale accumulation price of $0.823 has formed new support.
Calculate the growth slope of TVL. When Aerodrome's TVL breaks the psychological barrier of $1 billion, it may trigger market FOMO emotions.
Beware of short-term volatility. Although AERO soared 35% after the Coinbase integration announcement, it quickly retraced 15%, indicating that market sentiment remains unstable.
The daily active addresses on the Base chain have surged by 120% in the past 30 days, with Aerodrome as its liquidity hub, and the TVL is increasing at a rate of 8% per week.
When hundreds of millions of Coinbase users tap the DEX entry in the app, Aerodrome's liquidity mining annualized returns may exceed three digits.
The giant whale's 1.3 million USDC bullets are already loaded. The crypto market never lacks miracles; what it lacks is a firm position in the right public chain, at the right time, and with the right protocol.
Click the homepage for real-time position building and walk through the bull and bear market together #AERO#Whale Tracking