Whale Swaps WBTC for AAVE: Smart Money on the Move
Big moves in the DeFi space—here’s what you need to know.
On-chain data from analyst Yu Jin shows a major investor recently sold off 184.4 WBTC (~$20.4M) through Wintermute OTC—and quickly flipped that capital into $15M worth of AAVE.
Key Transaction Details:
Buyer: Likely a high-net-worth individual or institution
Platform: Wintermute OTC
Purchase: 57,715 AAVE
Price per token: ~$259.90
Payment: $15M in USDC
But here's the kicker—this isn’t their first AAVE buy. Since March 2023, this same entity has accumulated:
224,010 AAVE total
Total spent: $30.8M
Average buy price: $137.50
Current unrealized gains: ~$26.32M
What This Means for Traders:
Smart money is doubling down on AAVE—a sign of strong confidence in DeFi lending protocols.
Price action may follow if whale behavior triggers momentum trading.
Keep an eye on volume and resistance levels near recent highs.
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Mini Guide: How to Track Whale Activity
1. Use tools like Etherscan, Arkham, or Nansen for wallet behavior.
2. Look for OTC routes like Wintermute—often used by whales to avoid slippage.
3. Compare with token price levels to assess long/short strategy.
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Are we seeing an AAVE revival in 2025?
Watch this space—volume follows interest, and big wallets are waking up.
