PANews reported on May 28 that according to monitoring by on-chain analyst Yu Jin, whales/institutions that purchased AAVE through Wintermute OTC spent another 10 million USDC to purchase AAVE in the past 24 hours.

In the past four days, they have spent 25 million USDC to purchase 94,770 AAVE at an average price of US$263.8.

They have been hoarding AAVE since March 2023, and have spent a total of US$40.8 million to hoard 261,066 AAVE tokens, with an average price of US$156.3, and currently have a floating profit of US$29.8 million.