According to @lookonchain, Trend Research borrowed 88M USDT on Aave within the past two hours, deposited it to Binance, and then withdrew 9,377 ETH (about $41.37M), indicating a buyback at a higher price. Source: @lookonchain on X, Sep 11, 2025. Two months earlier, the entity sold 79,470 ETH for roughly $250M at an average price of $3,145, marking a reversal in its on-chain flows and exchange activity. Source: @lookonchain on X, Sep 11, 2025.

According to @ai_9684xtpa, wallet 0xC26...7869C borrowed 11 million USDT from Aave about 9 hours ago and bought 2,502 ETH on-chain at an average price of $4,396.5, source: @ai_9684xtpa on X. The address currently shows 10,345 ETH posted as collateral and approximately $20.08 million in stablecoins borrowed with a health factor of 1.84, source: DeBank profile for the address as referenced by @ai_9684xtpa. This activity indicates a leveraged long ETH position by the wallet based on the Aave borrow and subsequent ETH purchases, source: @ai_9684xtpa and DeBank wallet metrics.

According to Lex Sokolin, Aave is managing about $28 billion in on-chain assets, underscoring substantial liquidity available for lending and borrowing on the protocol (source: Lex Sokolin on X, Sep 8, 2025). Higher on-chain assets typically translate into deeper liquidity and utilization-driven interest rate dynamics across Aave markets such as ETH and major stablecoins, which are key variables for carry and basis strategies (source: Aave Protocol Documentation). Key variables for assessing Aave trading conditions include utilization, reserve factor interest flows to the protocol treasury, and liquidation activity as defined by the protocol design (source: Aave Protocol Documentation).

According to @lookonchain, citing Arkham Intelligence’s address explorer, a wallet labeled as related to Metalpha withdrew 11,500 ETH worth about $49.34 million from Aave and deposited it to Binance on Sep 8, 2025 (source: @lookonchain, Arkham Intelligence). Traders monitor such exchange inflows because they have historically aligned with increased sell-side liquidity and near-term volatility in ETH order books (source: CryptoQuant research, Glassnode on-chain reports).

According to @Celo, Aave integrated Self Protocol, enabling users who verify their humanity with Self’s zero-knowledge proofs to double their yield on Aave’s USDT and WETH pools via incentives funded by the Stabila Foundation, source: @Celo.

According to @EmberCN, an entity accumulated approximately 191,000 AAVE (about $61.03M) across multiple centralized exchanges over the past three weeks (source: @EmberCN on X, Sep 4, 2025). Over the last four days, 128,905 AAVE (about $40.83M) were withdrawn from exchanges including Binance and OKX, with the most recent withdrawal occurring roughly 30 minutes before the post (source: @EmberCN on X, Sep 4, 2025). The activity is tied to address 0xF436ADa6B8f4d235BA806f44B22Fa4ee115c9BC2 on Arkham Intelligence: intel.arkm.com/explorer/address/0xF436ADa6B8f4d235BA806f44B22Fa4ee115c9BC2 (source: Arkham Intelligence, as cited by @EmberCN). The author indicates the buyer may be an institution and notes the post is sponsored by Bitget (source: @EmberCN on X, Sep 4, 2025).

According to @lookonchain, wallet 0x3737 sold 388.72B PEPE for $3.84M and 75,413 PENDLE for $355K over the past 16 hours, then bought 4,831 AAVE for $1.58M and 3.09M ENA for $2.25M; on-chain transaction details are shown in their post. source: @lookonchain Based on these figures, implied average execution prices were approximately $0.00000988 per PEPE, $4.71 per PENDLE, $327.2 per AAVE, and $0.728 per ENA. source: @lookonchain By value, this totals about $4.20M in sales versus $3.83M in purchases, implying roughly $0.37M in net unallocated capital within the reported trades; approximately 91.5% of the sales were PEPE and about 58.7% of the buys were ENA. source: @lookonchain

According to @EmberCN, 34,000 ETH were deposited into Aave approximately 20 minutes before the post on September 4, 2025. According to @EmberCN, the update was shared with an accompanying image showing the deposit transaction.

According to @lookonchain, wallet 0xF436 withdrew 25,097 AAVE, approximately USD 7.9 million, from exchanges about two hours before the report; source: Lookonchain on X, Sep 3, 2025. According to @lookonchain, over the last seven days this address has withdrawn a cumulative 167,451 AAVE, approximately USD 53.65 million, from exchanges; source: Lookonchain on X, Sep 3, 2025. According to @lookonchain data, today’s 25,097 AAVE withdrawal is about 4.9% higher than the 7‑day average daily withdrawal of 23,921 AAVE, indicating sustained single-whale exchange outflows in AAVE; source: calculations based on Lookonchain on X, Sep 3, 2025.

According to @OnchainDataNerd, wallet 0xF43 withdrew 25,100 AAVE (approximately $7.89 million) from exchanges about one hour ago, and now holds a total of 117,046 AAVE (approximately $36.82 million) with an average entry price near $316. Source: @OnchainDataNerd on X, Sep 3, 2025.

According to @secondswap_io, Ethena opened institutional rails in August with direct access via Coinbase Institutional, CoinList’s Earn offering USDe at 12% APY, and cross-chain deployments on Aptos plus integrations across Aave, Gearbox, InfiniFi, and TON; the post also states Ethena has been aggressively building its infrastructure (source: @secondswap_io). According to @secondswap_io, these named channels and rates identify where USDe access and yield are currently available for participants, informing trading-oriented capital deployment and liquidity routing (source: @secondswap_io).

According to @EmberCN, a whale or institution accumulated about $230 million in WBTC and ETH over three weeks using Aave recursive borrowing, indicating a leveraged long structure; source: @EmberCN. The wallet holds 1,356.8 WBTC valued at $149 million with an average entry of $117,556; source: @EmberCN. It also holds 18,454 ETH valued at $81.06 million with an average entry of $4,415; source: @EmberCN. Outstanding borrowings on Aave total $114 million due to the leverage loop; source: @EmberCN. Based on these figures, the position implies roughly a 50 percent loan-to-value ratio calculated from $114 million debt over $230 million assets; source: @EmberCN. The address for verification is provided in the source post; source: @EmberCN.

According to Lookonchain, wallet 0x4ED0 purchased another 5,553 ETH (~$24.44M) within the past 40 minutes, source: Lookonchain. Since Aug 11, the address accumulated 18,447 ETH (~$81.5M) at a $4,417 average and 1,357 WBTC (~$160M) at a $117,547 average, then deposited these assets into Aave to borrow $114.2M USDT, source: Lookonchain. Based on these figures, the collateral value is roughly $241.5M versus $114.2M debt, implying an estimated loan-to-value near 47%, derived from Lookonchain’s reported amounts, source: Lookonchain.

According to @OnchainDataNerd, a wallet labeled Longling_Capital withdrew 7,000 ETH (about 30.67 million dollars) from Binance roughly 3 hours ago; address: https://t.co/TWsY1gZUzd source: @OnchainDataNerd. According to @OnchainDataNerd, within the past five days the same entity borrowed on AAVE and deposited 20 million USDT to Binance to buy the dip, signaling exchange-bound stablecoin inflow by this whale source: @OnchainDataNerd.

According to @CryptoMichNL, the next market cycle will center on ETH, AAVE and the broader DeFi sector, with ETH only the first step and DeFi expected to expand by onboarding Web2 users, based on his interview with Stani Kulechov for new_era_finance posted on Aug 29, 2025 (source: @CryptoMichNL on X, Aug 29, 2025). For traders, this highlights a narrative focus that can drive flows and relative strength toward ETH, AAVE and DeFi protocols as the cycle develops, per his statement (source: @CryptoMichNL on X, Aug 29, 2025).

According to Lookonchain, whales accumulated WLD, AAVE, and UNI via large exchange withdrawals totaling about USD 26.84 million within the last two days; source: Lookonchain. Whale address 0xF436 withdrew 43,123 AAVE, approximately USD 13.87 million, from exchanges over the past two days; source: Lookonchain. Fresh wallet 0xC0D9 withdrew 9.325 million WLD, approximately USD 8.86 million, from Binance about 11 hours ago; source: Lookonchain. Fresh wallet 0x4940 withdrew 408,557 UNI, approximately USD 4.11 million, from Binance; source: Lookonchain.

According to @EmberCN, an on-chain whale withdrew 145 WBTC from Binance around 11 hours ago, deposited it to Aave as collateral, borrowed 13M USDT, and purchased an additional 117.5 WBTC, bringing total holdings to 262.5 WBTC valued at approximately $28.95M with an average cost of $110,286, address: https://t.co/QSAjtClnrK, source: @EmberCN. This sequence reflects a leveraged long position in WBTC financed via Aave against WBTC collateral, making the reported $110,286 cost basis a key reference level for position PnL, source: @EmberCN.

According to @lookonchain, whale address 0x4174 deposited 5.45 million USDC into Hyperliquid, source: @lookonchain on X; Hypurrscan address 0x4174. According to @lookonchain, the address opened leveraged long positions of 40x on BTC and 20x on ETH, source: @lookonchain on X; Hypurrscan address 0x4174. According to @lookonchain, the address also went long 10x on HYPE, LINK, AAVE, and MKR on Hyperliquid perps, source: @lookonchain on X; Hypurrscan address 0x4174. According to @lookonchain, these moves show concentrated long exposure across BTC, ETH, and DeFi tokens on Hyperliquid, source: @lookonchain on X; Hypurrscan address 0x4174.

According to @lookonchain, wallet 0x3737 sold 128.87B PEPE for about $1.45M and bought 2,517 AAVE for about $923K and 61,567 PENDLE for about $367K roughly 11 hours ago, indicating a rotation from PEPE into AAVE and PENDLE. Source: @lookonchain on X. According to @lookonchain, the wallet’s reported holdings now stand at 2.35T PEPE about $26.64M, 12.74M ENA about $9.44M, 21,298 AAVE about $7.6M, and 734,289 PENDLE about $4.45M. Source: @lookonchain on X. According to @lookonchain, based on these figures the reported portfolio value is roughly $48.1M, with the largest exposures in PEPE and ENA. Source: @lookonchain on X.

According to @MilkRoadDaily, Aave’s total value locked has crossed $57 billion. source: @MilkRoadDaily on X The post states this TVL makes Aave larger by deposits than 40 U.S. banks, specifically naming Comerica, First Citizens, and Zions. source: @MilkRoadDaily on X It also reports that Aave controls 62% of all DeFi lending, with more deposits than Spark, Compound, and Morpho combined. source: @MilkRoadDaily on X For trading relevance, these data points highlight Aave’s dominant share of DeFi lending flows and deposit scale versus key competitors today. source: @MilkRoadDaily on X