According to Cas Abbé, two significant whales have borrowed $26.4 million from AAVE to acquire 11,460 ETH. This substantial purchase occurs just 24 hours before the White House Crypto Summit, suggesting that these investors may be anticipating bullish developments from the event.

According to IntoTheBlock, a new free analytics dashboard for Aave has been released, enabling users to analyze supply, borrow, and $AAVE token metrics in one simple interface. This tool is designed to provide traders and investors with comprehensive insights into Aave's market dynamics, potentially aiding in more informed trading decisions. Source: IntoTheBlock Twitter

According to @EmberCN, despite the ETH/BTC exchange rate dropping to 0.028, a whale remains bearish on ETH/BTC. Over the past two weeks, this whale withdrew 1,444 cbBTC (valued at $138.14M) from Coinbase and deposited it into Aave as collateral to borrow 29,025 ETH (worth $77.6M), which was then moved back to Coinbase.