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Whale Deposits 12,134 Ether Worth $32.41 Million Into Aave Following Sustained Accumulation

An unidentified whale deposited 12,134.13 Ether, valued at roughly $32.41 million, into the decentralized lending protocol Aave on October 1. The transaction followed the opening of a fresh $8.07 million Ether position roughly four hours prior to the protocol deposit. On-chain data indicates the entity began accumulating its position on September 2, establishing the full 12,134.13 ETH stash at an average purchase price of $2,671.25 per token before moving the assets into Aave.

Category

Ethereum

Sentiment

Bullish

Event

Analyst flows

Reading time

1 min