This whale, using leveraged circular loans to go long on $AAVE, borrowed 3 million USDT 9 hours ago to purchase 11,605 AAVE at a price of $258.

His leveraged long position on AAVE has currently yielded a floating profit of $9.22 million:

Since October, he has accumulated a total borrowing of $8.83 million through circular loans, purchasing a total of 87,454 AAVE at an average price of $166. Now the price of AAVE has risen to $270.