Two whales turn to their DeFi coins: they chose 3 altcoins

Whales continue to believe in DeFi coins, which have been silent on the rise of Bitcoin this year. While the purchases of the two whales have not escaped our attention since yesterday, UNI and AAVE come to the fore.

While the “DeFi summer” of 2020 still retains its place in memories, the whales’ faith in this space continues. The significant purchases of the two whales in the last 2 days have exceeded $10 million.

AAVE, UNI and MKR...

According to information provided by Lookonchain, a whale bought 299 thousand UNI worth $2.9 million on the Gateio exchange last night. This whale also bought a total of $2.9 million of AAVE and $805 thousand of MKR in August and September.

$10M AAVE Received

AAVE, one of the projects where whales are actively buying, especially during the summer months, has been on the radar of another whale in the last 2 days. The whale who bought $4.8M in AAVE yesterday then withdrew a GHO loan and converted those tokens to USDC and bought additional AAVE on Coinbase.

The same whale received more AAVE tonight with the same tactic. The investor who received $2.6M in AAVE withdrew another $2M in GHO loan to make additional purchases.Thus, the purchase at night exceeded $4.5 million. The total purchases of the whale over two days also approached $10 million. Whales turned to DeFi coins such as LDO, AAVE, UNI, ENS, PENDLE, especially in the summer.