The whale holding millions of dollars of DeFi tokens buys 2 altcoins

While many whales have turned to DeFi coins in recent months, one whale continues to buy AAVE and UNI. This whale, which has made millions of dollars of purchases before, made a total of $4 million in purchases tonight.

The whale holding millions of dollars of DeFi tokens buys 2 altcoins

As the trading day for Ether spot ETFs draws closer and closer, whales continue to favor the tokens of the Ethereum ecosystem, and more specifically the tokens of the DeFi space. In both May and June, many Ether whales were seen to be favoring tokens such as LDO, AAVE, UNI, PENDLE and ENS.

Whale bought UNI and AAVE

In particular, the approval of Ether spot ETFs in May further increased purchases. While many newly opened wallets have turned to the Ethereum ecosystem’s tokens, a whale was seen buying AAVE and UNI overnight. According to on-chain data platform Lookonchain, the whale sent $4 million USDC to the Kraken exchange and received 35,983 units of AAVE worth $3 million and 123,183 units of UNI worth $1 million.

The whale, who had previously bought these two tokens, currently holds $12.1 million worth of AAVE and $11 million worth of UNI.

Experts expect Ether spot ETFs to open for trading next week or the week after that at the latest.

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