Especially while the ‘DeFi summer’ in 2020 is still in the memories, the whales’ belief in this field continues. The important purchases of two whales in the last 2 days exceeded $10 million.

AAVE, UNI and MKR

According to the information provided by Lookonchain, a whale bought 299 thousand UNIs worth $2.9 million from the Gateio exchange yesterday evening. This whale had made a total of $2.9 million AAVE and $805 thousand MKR purchases in August and September.

$10 million worth of AAVE

AAVE, which is one of the projects that whales have bought heavily, especially in the summer months, has entered the radar of another whale in the last 2 days. A whale that bought $4.8 million worth of AAVE yesterday, then took a GHO loan and converted these tokens into USDC and made an additional AAVE purchase on Coinbase.

The same whale bought more AAVE tonight with the same tactic. The investor, who bought $2.6 million AAVE, drew another $2 million GHO loan for additional purchases. Therefore, the purchase in the night hours exceeded $4.5 million. The whale’s total purchases in two days approached the level of $10 million.

Whales had turned to DeFi coins such as LDO, AAVE, UNI, ENS, PENDLE, especially in the summer months.