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| Time | Details |
|---|---|
| 2024-12-11 03:04 |
Whale Leverages AAVE for $9.22 Million Profit
According to EmberCN, a whale has leveraged a looped loan strategy to long AAVE and has recently borrowed an additional $3 million USDT to purchase 11,605 AAVE at a price of $258 each. This strategy has resulted in a floating profit of $9.22 million. Since October, the whale has borrowed a total of $8.83 million through looped loans to acquire 87,454 AAVE at an average price of $166. The current price of AAVE has risen to $270. (Source) |