Whale 0x3d6 spent 720 stETH ($1.67M) to buy AAVE and MKR in the past hour, including:

• swapping 460 stETH ($1.07M) for 5,288 AAVE at an average price of $201.96;
• swapping 260 stETH ($604K) for 365.507 MKR at an average price of 1,652.

• address: 0x3d62b7a42228c767e561f746ba399cac58ddc7c1

Notably:

• This marked the start of the whale's second MKR trade. The whale used to earn an estimated profit of $603K (+101%) from the first trade between August 31, 2023, and July 22, 2024.
• The whale is still on its first AAVE trade. The above purchases raise the whale's AAVE holding to 6,635 AAVE ($1.35M) with an estimated total profit of $216K (+13.8%).

The MKR and AAVE prices pumped back by 4.62% and 4.67% in the past hour.

Fig 1. The overall MRK trading history of Whale 0x3d6.

Fig 2. The overall AAVE trading history of Whale 0x3d6.

Fig 3. The current top 5 holdings of Whale 0x3d6.