Whale Purchases $2 Million Worth Of AAVE Through Loop Loans

According to Odaily, an on-chain analyst named Yujin has reported that a whale has made another significant purchase of AAVE tokens. The whale bought an additional $2 million worth of AAVE, totaling 12,632 tokens. Over the past two days, this whale has spent a cumulative $9.29 million to acquire 60,623 AAVE tokens at an average price of $153.2 each. Notably, $4.7 million of the funds used for these purchases were borrowed through loop loans from the Aave platform.