The Whale on the Zarar is Continuing to Sell Ethereum for Aave.

Strong movements are being observed in the decentralized finance (DeFi) space. According to recent data, a major investor with the address 0xDDC4 continues to accumulate Aave (AAVE) despite ongoing losses amounting to millions of dollars. The latest transaction from this wallet has drawn the attention of investors.

According to Lookonchain data, the whale at address 0xDDC4 purchased 20,375 Aave for approximately 1.086 Ethereum about 9 hours ago. The current market value of this purchase is around 3.13 million dollars. The interest of the whale investor in Aave is not new. Since December 3, 2024, this wallet has acquired a total of 59,588 Aave, with a total expenditure of approximately 13.47 million dollars for these purchases. The average purchase price is recorded at around 226 dollars.

As a result of the pullback in Aave's price, the whale's unrealized loss has now exceeded 4.3 million dollars. However, the new purchase indicates that the whale maintains a long-term outlook. This development stands out as a point of keen interest for the market. It signifies that institutional and high-cap investor interest in DeFi projects has not waned. Particularly in well-established decentralized lending protocols like Aave, whales increasing their positions despite price pressure are maintaining expectations of recovery in the medium and long term.

In conclusion, it is crucial for investors to closely monitor developments regarding Aave and other DeFi projects. Whale movements can provide significant opportunities for understanding market dynamics and capitalizing on potential opportunities.