Data: A certain whale/institution borrowed 33 million USDC from Aave in the past hour to purchase 11,486 ETH

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, a giant whale/institution is betting on the continued rise of ETH: he borrowed 33 million USDC from Aave in the past hour to buy 11,486 ETH at an average price of $2,873.

Additionally, he previously purchased 125,600 AAVE (worth $23.94 million) at an average price of $127 at the end of August, and these AAVE have now gained a profit of up to $7.2 million (+45%).