According to Odaily, a savvy trader recently executed a notable transaction, converting 675.5 WETH, valued at $1.79 million, into 14,777 AAVE at an average price of $121.2 per unit. This marks the trader's first purchase of AAVE.

The trader has demonstrated a successful track record, having recently profited $1.63 million from ONDO and MKR on August 5, 2024. Additionally, the trader holds a substantial position in PEPE, with 3.56 trillion tokens valued at $27.4 million. The expected profit from this holding is approximately $27.3 million, reflecting a 531% increase.