AAVE (AAVE) Price, Analysis, Predictions, and Calculator

According to @lookonchain, a single whale bought 3,175 ETH ($10.13M), 557,937 LINK ($7.99M), 20.14M ENA ($5.82M), 25,396 AAVE ($4.9M), 6.53M ONDO ($3.27M), 340,849 UNI ($2.05M), 22.59M SKY ($1.09M), and 384,075 LDO ($244K), totaling $35.7M during the market dip (source: @lookonchain on X, Dec 4, 2025). According to @lookonchain, these assets have been moved on-chain to wallet 0xBC64BDE4C3b70147C47c16dD9277a6Aaef7e0f02 (source: @lookonchain on X; ARKM Intel explorer intel.arkm.com/explorer/address/0xBC64BDE4C3b70147C47c16dD9277a6Aaef7e0f02). According to the source, traders can monitor address 0xBC64BDE4C3b70147C47c16dD9277a6Aaef7e0f02 for subsequent transfers across ETH, LINK, ENA, AAVE, ONDO, UNI, SKY, and LDO to track on-chain flows (source: ARKM Intel explorer link above).

According to @OnchainDataNerd, whale address 0xE9D withdrew 17.78k AAVE, about 3.31 million dollars, from Kraken 7 hours ago and transferred it to 0x372 to stake, according to @OnchainDataNerd. The whale has accumulated a total of 200k AAVE, about 45.26 million dollars, with an average entry around 226 dollars, according to @OnchainDataNerd. This update documents an AAVE exchange outflow followed by staking activity tied to addresses 0xE9D and 0x372, according to @OnchainDataNerd.

According to @lookonchain, wallet 0xE9D0 purchased 17,779 AAVE valued at about 3.31 million dollars around 7 hours ago and now holds 310,617 AAVE valued at about 59.3 million dollars, source: @lookonchain. The new buy equals roughly 5.7 percent of the wallet’s reported AAVE stack, a material size for on-chain tracking by traders, source: @lookonchain. Traders can monitor address 0xE9D0 for any transfers to exchanges or DeFi protocols to evaluate liquidity and supply dynamics in AAVE, source: @lookonchain.

According to @OnchainLens on X citing Nansen data, a whale withdrew 17,779 AAVE (about $3.3M) from Kraken and supplied the tokens to Aave V3 (source: @OnchainLens on X; data: Nansen). The same source reports the entity has accumulated a total of 310,617 AAVE (about $59.34M) across addresses 0xe9d05440ed65d6bf7ccf44d0f1a747b11f31259b and 0x372cAE7fA19b81A9786A9081704EA1e2DAD576b7 (source: @OnchainLens on X; data: Nansen).

According to @OnchainLens, within the last 3 hours a Bitcoin OG whale supplied 180,438 ETH to Aave V3 and borrowed $220 million in USDT, with the borrowed USDT subsequently deposited to Binance (source: Onchain Lens citing Arkham Intelligence and Etherscan). According to @OnchainLens, the supplied ETH was valued around $512 million based on a stated ETH price of $2,843, implying an approximate 43 percent loan-to-value against the Aave collateral (source: Onchain Lens; amounts and price as reported). According to @OnchainLens, a newly created wallet linked to the same entity then withdrew 77,385 ETH (about $218 million) from Binance at a price of $2,843, consistent with the Arkham Intelligence entity clustering referenced by the post (source: Onchain Lens citing Arkham Intelligence).

According to @lookonchain, a wallet labeled BitcoinOG (1011short) borrowed 220M USDT on Aave using ETH as collateral and deposited the funds into Binance, with the intent characterized as most likely to buy more ETH. Source: @lookonchain on X. According to @lookonchain, during the same period a newly created wallet 0x36ED withdrew 42,225 ETH (about $120M) from Binance, indicating a large on-exchange outflow that traders track for liquidity shifts. Source: @lookonchain on X.

According to Lookonchain, the wallet labeled BitcoinOG (address 0x4116812b89749563d40B0ffC187Db7ce668711Cb) deposited 55,340 ETH (approximately $157.2M), borrowed $50M USDT on Aave, and transferred the USDT to Binance (source: Lookonchain; Arkham). The reported figures imply an initial loan-to-value near 31.8% using the stated ETH valuation, indicating moderate leverage relative to collateral for now (source: Lookonchain). Lookonchain flagged the possibility of a looped borrowing strategy; on Aave, looping typically means borrowing stablecoins against ETH, buying more ETH, and redepositing to increase collateral and exposure (source: Lookonchain; Aave documentation). Such leverage increases liquidation risk if ETH price declines and can amplify upside if ETH rallies, as outlined in Aave’s risk framework where positions can be liquidated if the health factor falls below threshold (source: Aave documentation). No on-chain evidence of ETH purchases from the transferred USDT was provided in the disclosure, so the buy-side intent remains unconfirmed at this time (source: Lookonchain). Given the USDT was sent to Binance, monitoring Binance ETH spot flows, any changes to the address’s Aave health factor, and subsequent on-chain swaps would be key for confirmation of follow-through (source: Lookonchain).

According to @ai_9684xtpa, a wallet deposited 55,340 ETH (about $157 million) to Aave, then borrowed 50,000,000 USDT and transferred the funds to a Binance deposit address, with the purpose not disclosed, source: @ai_9684xtpa on X and DeBank profile for 0x4116812b89749563d40b0ffc187db7ce668711cb. This implies an estimated borrow-to-collateral ratio of roughly 31.8% based on the reported USD amounts (50,000,000 divided by 157,000,000), source: calculation from figures reported by @ai_9684xtpa. Aave positions are subject to liquidation if the health factor falls below 1 as collateral value declines or debt rises; traders can monitor the health factor and risk metrics on the Aave app, source: Aave protocol documentation and Aave app. Traders seeking execution clues can track subsequent transfers from the Binance deposit and the wallet’s on-chain history for exchange inflow patterns, source: DeBank transaction history for 0x4116812b89749563d40b0ffc187db7ce668711cb and Etherscan exchange labels.

According to @OnchainLens, a whale sent 15,396 AAVE worth about $2.57M to FalconX after holding for 1.5 months, with the position facing a loss of approximately $1.54M (source: @OnchainLens). According to @OnchainLens, the address had initially received 20,396 AAVE worth about $4.89M from FalconX, of which 5,000 AAVE was sold for $779,056 USDC (source: @OnchainLens). According to @OnchainLens, the address also holds a 25x long position in ETH (source: @OnchainLens).

According to @CoinMarketCap, the UK government is proposing a no gain, no loss tax framework for DeFi that defers capital gains tax until users execute a true disposal. Source: CoinMarketCap on X, Nov 28, 2025. Aave CEO Stani Kulechov described the proposal as a major win for UK DeFi users, signaling constructive sector sentiment. Source: CoinMarketCap on X, Nov 28, 2025. For traders, deferring CGT until disposal shifts taxable events to exits rather than in-protocol actions, which can simplify position management and timing of after-tax returns for UK taxpayers if implemented. Source: CoinMarketCap on X, Nov 28, 2025.

According to @lookonchain, AAVE whale address 0xE9D05440ED65D6BF7Ccf44d0f1a747B11F31259b bought 40,433 AAVE (about $7.1M) over the past 5 days during the market decline. source: @lookonchain; Arkham Intelligence. The same source reports the whale has accumulated 292,838 AAVE (stated as $54.5M) over the last three years at an average cost near $170, currently showing roughly $4.6M in unrealized profit. source: @lookonchain; Arkham Intelligence. @lookonchain cites the following addresses for verification: 0xE9D05440ED65D6BF7Ccf44d0f1a747B11F31259b and 0x372cAE7fA19b81A9786A9081704EA1e2DAD576b7. source: @lookonchain; Arkham Intelligence.

According to @ai_9684xtpa, address 0x931...3c721 borrowed 5.5 million USDT on Aave in the past 3 hours, moved funds to 0x276...23E87, and purchased 60.07 WBTC at a $91,242.6 average price, indicating a continued bullish stance on WBTC; source: @ai_9684xtpa on X. The address has cumulatively supplied 375.07 WBTC as collateral on Aave and holds 22.48 million USDT in debt; sources: @ai_9684xtpa on X; Arkham Intelligence wallet explorer for 0x931433324e6b0b5b04e3460ef3fb3f78dda3c721. For traders, this reflects fresh leveraged long exposure in WBTC via Aave as characterized in the post, with the $91,242.6 average fill serving as a near-term reference for position tracking; source: @ai_9684xtpa on X.

According to @OnchainDataNerd, whale address 0x791 bought another 60,000 AAVE worth about $10.68 million roughly 9 hours ago from Galaxy Digital. Source: @OnchainDataNerd on X. According to @OnchainDataNerd, the same address has accumulated a total of 338,000 AAVE over the past month, valued at about $60 million, with a reported average entry price of $219. Source: @OnchainDataNerd on X. According to @OnchainDataNerd, traders can reference the whale’s stated $219 average as a cost-basis benchmark when evaluating AAVE risk and liquidity around that level. Source: @OnchainDataNerd on X. According to @OnchainDataNerd, the counterparty is cited as Galaxy Digital, indicating the flow involved a major trading firm that market participants may monitor for further activity. Source: @OnchainDataNerd on X.

According to @lookonchain, whale address 0x7915 purchased another 60,000 AAVE worth $10.68M via Galaxy Digital OTC about 9 hours ago. According to @lookonchain, since Oct 13 the address has accumulated 338,005 AAVE worth $59.93M through Galaxy Digital OTC at an average entry near $218, with the position currently showing approximately $13.8M in unrealized losses.

According to @EmberCN, Multicoin Capital bought 60,000 AAVE about 4 hours ago through Galaxy Digital OTC for about 10.68 million USD (source: @EmberCN). Over the past one and a half months, the firm accumulated 338,000 AAVE totaling about 60.46 million USD at a 219 USD average cost, showing an unrealized loss of about 13.5 million USD (source: @EmberCN). The purchases included 210,000 AAVE at 244 USD after the October 11 sell-off and 61,637 AAVE for about 10.94 million USD on November 25 (source: @EmberCN).

According to @EmberCN, Multicoin Capital purchased 61,637 AAVE today via Galaxy Digital at $177 for approximately $10.94 million, highlighting continued whale accumulation in AAVE (source: @EmberCN). According to @EmberCN, the firm previously bought 210,000 AAVE on Oct 11 at $244 for about $51.32 million, indicating two major tranches reported over the past 1.5 months (source: @EmberCN). According to @EmberCN, total AAVE accumulated over roughly 1.5 months is 278,000 tokens with a reported average entry of $228 and an unrealized loss of $13.9 million, with key reported price levels at $177, $228, and $244 for cost-basis tracking (source: @EmberCN). According to @EmberCN, the sum of the two tranche values ($51.32M and $10.94M) exceeds the stated cumulative $49.52M, indicating a possible data discrepancy in the reported totals (source: @EmberCN).

According to @OnchainDataNerd, 10 hours ago Wintermute withdrew 24,124 AAVE (about $4.1 million) from Kraken, with the referenced address shared in the post: https://t.co/NewZs1rQMy source: @OnchainDataNerd According to @OnchainDataNerd, within the last 5 days a whale withdrew a total of 0.84 million ASTER (about $3.44 million) from Binance, with the address link provided here: https://t.co/o3MPKnOwBH source: @OnchainDataNerd

According to @EmberCN, a large AAVE holder who was partially liquidated during the 10/11 crash repurchased 24,000 AAVE for 4,000,000 USDC today and now holds 276,000 AAVE at a $165 average cost, source: @EmberCN. The same address accumulated 284,000 AAVE over the past two years via looping loans at an average entry of $165, source: @EmberCN. During the 10/11 wick, 32,000 AAVE were liquidated at $101, totaling approximately $3.22 million, source: @EmberCN. The implied buyback execution price is about $166.7 per AAVE based on 4,000,000 USDC divided by 24,000 AAVE, calculated from figures reported by @EmberCN. Address reference: debank.com/profile/0x372cae7fa19b81a9786a9081704ea1e2dad576b7, source: @EmberCN and Debank profile. Key reference levels for traders are $165 as the reported average cost and $101 as the reported liquidation price, source: @EmberCN. The post also tags #OKX, source: @EmberCN.

According to @ai_9684xtpa, wallet 0xaFA8a3a41379dC0275EBdC1B6D6bE97b878f7731 withdrew 150 WBTC from Binance about three hours prior, deposited the WBTC into Aave, borrowed 6,000,000 USDC, and is long WBTC with a total position value of $25.75M at an average entry of $85,376.5; the address and flows are visible on Arkham at intel.arkm.com/explorer/address/0xaFA8a3a41379dC0275EBdC1B6D6bE97b878f7731. Sources: @ai_9684xtpa on X, Arkham address explorer.

According to @wallisi, the term Aave DAT was highlighted with a direct link to an X post by @lemiscate on Nov 22, 2025, without any added context on scope, timing, or technical details in the cited posts (source: https://twitter.com/wallisi/status/1992367659300860260; source: https://x.com/lemiscate/status/1992223079804830188). For trading purposes, the lack of confirmed specifications or an official governance proposal in the cited posts means there is no verifiable catalyst to incorporate into AAVE positioning right now, and traders should wait for official disclosures before taking directional exposure on a DAT narrative to avoid event risk from incomplete information (source: https://twitter.com/wallisi/status/1992367659300860260; source: https://x.com/lemiscate/status/1992223079804830188).

According to @EmberCN, a whale who accumulated 700 WBTC via looped USDT borrowing on Aave during May–July at an average entry of USD 116,603 for a total of USD 81.62 million saw the position approach liquidation amid a deep BTC pullback (source: @EmberCN on X, Nov 22, 2025). The whale closed the position today and realized a USD 21.68 million loss as the liquidation threshold neared (source: @EmberCN on X, Nov 22, 2025).

According to @lookonchain, the #66kETHBorrow whale bought 114,684 ETH worth about $319.4M over the past two days and now holds 489,696 ETH worth about $1.35B, source: @lookonchain on X. The whale currently has $647.7M in debt on Aave with an ETH liquidation price near $1,594, providing a precise liquidation threshold to watch, source: @lookonchain on X.

According to @EmberCN, a whale/institution that flipped from a $24.48M profitable ETH short to a long withdrew 23,994 ETH (~$65.13M) from Binance about 6 hours ago and now holds 489,000 ETH (~$1.35B) at an average cost of $3,273, with an unrealized loss of about $243M. According to @EmberCN, the entity financed the ETH purchases with leverage and currently has $647M USDT debt on Aave, implying roughly a 48% LTV versus the reported ~$1.35B current valuation, signaling a sizable leveraged long exposure in ETH. Based on figures reported by @EmberCN, the $3,273 average cost is a key pivot for positioning and a $100 move in ETH would swing PnL by roughly $48.9M on the 489,000 ETH stack, while traders can monitor the wallet’s Aave health metrics and on-chain flows for potential forced-unwind signals cited by @EmberCN.

According to @ai_9684xtpa, Arthur Hayes deposited 7.66 million BIO to Binance, valued at about $460,000, two days after his prior transfer, with the move flagged by the source as a suspected sell, source: @ai_9684xtpa on X; Arkham Intel entity: intel.arkm.com/explorer/entity/arthur-hayes. Over the past week, the same labeled wallet reportedly offloaded roughly $3.409 million in altcoins across multiple channels, including LDO, UNI, AAVE, ENA, and ETHFI, source: @ai_9684xtpa on X citing Arkham Intel at intel.arkm.com/explorer/entity/arthur-hayes.

According to PeckShieldAlert, an Aave whale address 0xdaf5...3f55 was liquidated for 7.83 million USD amid a continued market downturn, bringing total liquidations tied to the wallet to roughly 9 million USD; the position was long WBTC used as collateral to borrow USDT (source: PeckShieldAlert). The liquidation follows Aave’s process where liquidators repay the borrower’s USDT debt and receive WBTC collateral at a discount, which can add near-term sell pressure to WBTC markets during deleveraging phases (source: Aave Protocol Docs). The event underscores active deleveraging risk for WBTC-backed loans on Aave during price drawdowns, relevant for traders tracking on-chain liquidity and liquidation cascades (source: PeckShieldAlert; source: Aave Protocol Docs).

According to @PeckShieldAlert, an Aave whale address 0xd2a...2ec6 was liquidated for a total of $3.88M during the market downturn, with losses from $1.58M in ETH and $2.30M in LINK posted as collateral to borrow USDT, source: @PeckShieldAlert. The liquidation confirms on-chain forced unwinds of ETH and LINK collateral against USDT debt totaling $3.88M, source: @PeckShieldAlert.

According to @PeckShieldAlert, an additional $11.41 million liquidation struck Aave whale address 0x94de...940a after BTC fell to around $80,000. source: @PeckShieldAlert The position involved a long WBTC used as collateral to borrow USDT, bringing cumulative liquidations to $20 million. source: @PeckShieldAlert In Aave liquidations, liquidators seize collateral to repay debt plus a bonus, which can lead to short-term sell flows in the collateral asset such as WBTC during unwind events. source: Aave documentation

According to @lookonchain, the #66kETHBorrow whale purchased 57,725 ETH worth $162.77M on Nov 21, 2025, bringing holdings to 432,721 ETH valued at $1.21B, source: @lookonchain. The address has borrowed a total of $602.6M in stablecoins on Aave, source: @lookonchain.

According to @PeckShieldAlert, as BTC fell below $87K, an AAVE whale address (0x94de...940a) with a long WBTC position was liquidated, source: @PeckShieldAlert. The position used WBTC as collateral to borrow USDT, resulting in a $8.59M liquidation, source: @PeckShieldAlert.

According to @OnchainLens, the "66,000 Borrowed Whale" bought $162.77M in ETH from Binance and supplied it to Aave V3 (source: @OnchainLens). Five days earlier, the entity deposited 70,000 ETH worth $222.72M into Binance (source: @OnchainLens). The wallet now holds 432,718 ETH valued at $1.23B (source: @OnchainLens). These nine-figure ETH flows highlight significant on-chain liquidity movements across Binance and Aave V3 that traders tracking ETH lending and exchange activity may monitor (source: @OnchainLens for flow data).

According to @ai_9684xtpa, a WBTC whale that looped long via Aave has begun deleveraging for the first time in six months. Source: @ai_9684xtpa on X, Nov 20, 2025. According to @ai_9684xtpa, the address withdrew a cumulative 700.19 WBTC from Binance between May–July 2025 at an average long price of $116,593, totaling about $81.63M. Source: @ai_9684xtpa on X, Nov 20, 2025. According to @ai_9684xtpa, three hours ago the wallet deposited 150 WBTC to Binance; if sold at current levels the position would realize a $3.734M loss. Source: @ai_9684xtpa on X, Nov 20, 2025. According to @ai_9684xtpa, the wallet still has 550.2 WBTC posted as collateral on Aave against $28.09M in stablecoin borrows with a health factor of 1.4 and a reported liquidation trigger at $65,436. Source: @ai_9684xtpa on X, Nov 20, 2025; Debank profile 0x3e3868f5e6fd1b2c2b91b234436b46c0a5b1140c. According to @ai_9684xtpa, key trading levels reported are the $116,593 average entry and the $65,436 liquidation threshold for WBTC pairs on Binance. Source: @ai_9684xtpa on X, Nov 20, 2025.

According to @EmberCN, a whale who used a looping-loan strategy to accumulate WBTC and ETH sold 9,516.8 ETH for $29.36M USDT at an average price of $3,085 to repay debt on Aave (source: @EmberCN on X). The address cut its Aave borrowings from $150M to $121M and lifted its health factor from 1.04 to 1.12, moving the account above the immediate liquidation threshold of 1.0 on Aave (source: @EmberCN on X; source: Aave Docs). The position still holds 1,560 WBTC as collateral on Aave, indicating sizeable on-chain exposure to monitor for further balance changes (source: @EmberCN on X). On Aave, positions are eligible for liquidation when the health factor falls below 1.0, so the rise to 1.12 indicates temporary relief from forced selling risk tied to protocol mechanics (source: Aave Docs; source: @EmberCN on X).

According to @bobbyong, Aave has incorporated insurance enabled by default in its app with coverage up to 1 million dollars, source: X post by @bobbyong on Nov 18, 2025. The post adds that DeFi insurance has been available for some time and calls the default enablement meaningful progress, source: X post by @bobbyong on Nov 18, 2025. The post does not specify the insurer, pricing, chains, or rollout scope, which are not detailed in the shared update, source: X post by @bobbyong on Nov 18, 2025.

According to @EmberCN, a whale that loop-borrowed to accumulate about $263 million in WBTC and ETH roughly three months ago is now nearing liquidation on Aave as prices fall, source: @EmberCN on X; DeBank profile debank.com/profile/0x4ed0b41dff79e0e53a054903873899bc32abc853. Four hours ago the address sold 1,316.8 ETH for 4.017 million USDT to repay debt, source: @EmberCN on X; DeBank profile debank.com/profile/0x4ed0b41dff79e0e53a054903873899bc32abc853. The position still carries $146 million in USDT debt on Aave with a health factor of 1.05, meaning a further 5 percent drop in BTC and ETH without more deleveraging would trigger forced collateral sales, source: @EmberCN on X. Entry prices were WBTC 116,762 and ETH 4,415, implying an unrealized loss of about $65.49 million, source: @EmberCN on X. Traders can monitor repayments and health factor changes at the DeBank address to gauge liquidation risk and potential order flow pressure on WBTC, BTC, and ETH, source: DeBank profile debank.com/profile/0x4ed0b41dff79e0e53a054903873899bc32abc853; @EmberCN on X.

According to @stonecoldpat0, traders are asking why Aave has dominated on-chain lending; as of October 2024, Aave’s TVL was over $10B versus roughly $2B for Compound, highlighting a persistent market share gap, source: DeFiLlama. A key driver is Aave v3’s E-Mode, which raises LTVs for highly correlated assets like stETH/ETH to boost capital efficiency and borrowing activity, source: Aave v3 documentation (E-Mode). Aave’s Isolation Mode enables listing of more collateral while capping risk per asset, attracting broader integrations and deposits without compromising systemic safety, source: Aave v3 documentation (Isolation Mode). Multi-chain expansion across major L2s and the Portal feature for cross-chain liquidity have widened Aave’s liquidity funnel relative to Compound, source: Aave v3 documentation and Aave Portal documentation. Additional fee lines from flash loans and the GHO stablecoin strengthen Aave DAO revenues and liquidity stickiness, supporting utilization and market depth, source: Aave Flash Loans documentation and Aave GHO documentation. By contrast, Compound v3 concentrates each market on a single borrow asset (commonly USDC) with slimmer collateral menus, reducing strategy surface area and cross-asset leverage relative to Aave, which has limited TVL expansion despite efficiency gains, source: Compound v3 documentation. For trading, track Aave fee flows, Safety Module staking, and GHO circulation as activity proxies, and watch Compound’s USDC utilization and reserves as gauges for parameter-driven dynamics affecting COMP governance outcomes, source: Aave Safety Module documentation, Aave GHO documentation, and Compound Protocol documentation.

According to @OnchainLens, Arthur (@CryptoHayes) transferred 320,000 LDO worth 239K to Wintermute from address 0x6cd66dbdfe289ab83d7311b668ada83a12447e21, source: @OnchainLens. Over the past 2 days, the same address sold approximately $7.4 million worth of ETH, ENA, LDO, AAVE, UNI, and ETHFI, source: @OnchainLens. These sales span both major assets and DeFi tokens, and the address to monitor is 0x6cd66dbdfe289ab83d7311b668ada83a12447e21, source: @OnchainLens.

According to @stonecoldpat0, there is a call for an infographic that explains collateralized lending for protocols like Aave (AAVE) and Compound (COMP) with the same clarity as popular AMM diagrams, reflecting user interest in clearer visual tools for DeFi borrowing and lending (source: @stonecoldpat0 on X).

According to @EmberCN, the address 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21 attributed to Arthur Hayes moved additional ETH, ENA, LDO, AAVE, and UNI to FalconX and Cumberland about one hour before the post, citing on-chain labels and activity (source: @EmberCN on X; source: Arkham Intelligence explorer for address 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21). According to @EmberCN, approximately 4.96 million dollars of assets were likely sold OTC across institutional platforms today, including 780 ETH about 2.48 million dollars, 5.024 million ENA about 1.38 million dollars, 640 thousand LDO about 0.48 million dollars, 1,630 AAVE about 0.29 million dollars, 28 thousand UNI about 0.21 million dollars, and 132 thousand ETHFI about 0.12 million dollars (source: @EmberCN on X). Arkham Intelligence shows recent outbound transfers from the cited address to entities labeled FalconX and Cumberland, aligning with the movements described by @EmberCN (source: Arkham Intelligence explorer for address 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21).

According to @OnchainLens, Arthur Hayes transferred 260 ETH (~$820K), 2.4M ENA (~$657K), 640,000 LDO (~$480K), 28,670 UNI (~$211K), and 1,630 AAVE (~$290K) to Cumberland from address 0x6cd66dbdfe289ab83d7311b668ada83a12447e21, with figures based on Nansen on-chain data (source: @OnchainLens; data: @nansen_ai). @OnchainLens characterized the move as likely to sell, citing Nansen as the data source (source: @OnchainLens; data: @nansen_ai). @OnchainLens also noted this was a further tranche of tokens sent to Cumberland (source: @OnchainLens).

According to @lookonchain, Arthur Hayes sold 260 ETH about 820,000 USD, 2.4M ENA about 651,000 USD, 640,000 LDO about 480,000 USD, 1,630 AAVE about 289,000 USD, and 28,670 UNI about 209,000 USD in recent transactions posted on X on Nov 16, 2025, source: @lookonchain. Based on these figures, the combined notional sold is roughly 2.45 million USD, source: @lookonchain. The sales span majors and DeFi tokens including ETH ENA LDO AAVE UNI and were characterized as heavy dumping by the tracker, source: @lookonchain. Traders monitoring whale flows can reference the cited X post for precise sizes and timing of the offloads, source: @lookonchain.

According to Lookonchain, the wallet labeled 66kETHBorrow accumulated 444,895 ETH worth about 1.39 billion dollars at an average cost near 3,437 dollars and is currently down roughly 125 million dollars. Source: Lookonchain on X https://x.com/lookonchain/status/1989855739494695335 and https://x.com/lookonchain/status/1989309046361616449 Eight hours before the post, the wallet withdrew 177,000 ETH about 561.3 million dollars from Aave and deposited 44,000 ETH about 140.2 million dollars to Binance. Source: Lookonchain on X https://x.com/lookonchain/status/1989855739494695335 and https://x.com/lookonchain/status/1989309046361616449 Lookonchain highlighted the Binance deposit and asked whether the whale has started selling. Source: Lookonchain on X https://x.com/lookonchain/status/1989855739494695335 and https://x.com/lookonchain/status/1989309046361616449

According to @OnchainLens, the address labeled as the 66,000 ETH borrowed whale withdrew 199,720 ETH worth about $632.47M from Aave V3, indicating a major position change (source: Onchain Lens). The same source reports the whale transferred 44,000 ETH worth about $140.24M to Binance shortly after (source: Onchain Lens). @OnchainLens adds that the whale appears to be starting to close its ETH long and is currently facing an estimated ~$70M loss (source: Onchain Lens). Traders often monitor large exchange-bound inflows because they can increase near-term sell-side liquidity if sold, a relationship frequently highlighted by on-chain analytics firms such as Glassnode (source: Glassnode).

According to @CoinMarketCap, Aave Labs' new Push service is authorized under the EU's MiCA framework to offer stablecoin on- and off-ramps across the European Economic Area, positioning it among the first major DeFi products operating under MiCA compliance (Source: @CoinMarketCap). The announcement specifies MiCA authorization for stablecoin conversions across the EEA, highlighting a regulated access path that aligns DeFi infrastructure with EU crypto regulation (Source: @CoinMarketCap).

According to @Celo, DeFi Deep Dive is highlighting Aave v3 on the Celo network, with Celo Markets having launched on Aave in March and expanding access to DeFi for millions globally, source: @Celo. According to @Celo, the thread focuses on how Celo's community is using Aave, source: @Celo.

According to @OnchainLens, the address labeled as the 66,000 ETH borrowed whale purchased 39,658 ETH worth $125.09M from Binance and supplied the ETH to Aave V3. Source: Onchain Lens on X, Nov 14, 2025; Debank profile 0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89. The same address withdrew $10M USDT and repaid the outstanding loan, reducing leverage for the position. Source: Onchain Lens on X; Debank profile 0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89. Net effect: higher ETH supplied on Aave V3 by this address and lower debt, confirming active accumulation and deleveraging by the whale. Source: Onchain Lens on X; Debank profile 0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89.

According to Onchain Lens, a whale sent 1.19M UNI worth about $10.54M to Binance and also deposited 74,281 LINK (~$1.07M), 764,376 PENDLE (~$1.85M), and 8,936 AAVE (~$1.66M), all below cost basis (source: Onchain Lens; data: Nansen). According to Onchain Lens, the losses versus cost basis are about $752K on LINK, $1.77M on PENDLE, and $570K on AAVE (data: Nansen). According to Onchain Lens, the same wallet sold 220,351 AERO for $186,086 USDC and still holds 150,000 AERO valued near $125K (data: Nansen). According to Onchain Lens, the address is 0x4c6452F18D5967F1f7e9884BC5cDFC60452E015A (data: Nansen). According to Onchain Lens, based on the reported figures the total assets deposited to Binance are approximately $15.1M, with aggregate losses on LINK, PENDLE, and AAVE near $3.09M relative to cost basis (data: Nansen).

According to @EmberCN, a whale/institution that flipped long after realizing $24.48M profit from shorting ETH borrowed an additional $90M USDT on Aave, sent funds to Binance, and withdrew 36,445 ETH worth about $115M, indicating continued aggressive dip-buying activity; source: @EmberCN; Arkham Intelligence. Since Nov 5, across 9 days, the entity cumulatively transferred $1.187B to Binance and withdrew 422,000 ETH (about $1.44B) at an average acquisition price of $3,413; source: @EmberCN; Arkham Intelligence. Based on the stated average cost, the position currently shows an unrealized loss of approximately $101M; source: @EmberCN; Arkham Intelligence. Total leverage includes up to $485M USDT borrowed from Aave by this entity, with the address tracked on Arkham Intelligence Explorer; source: @EmberCN; Arkham Intelligence.

According to Onchain Lens, an address labeled the 66,000 ETH borrowed whale bought 19,508 ETH (~$61.03M) from Binance, supplied the ETH to Aave V3, borrowed $170M USDT, transferred the USDT to Binance, and now holds 405,252 ETH valued at about $1.28B. Source: Onchain Lens, x.com/OnchainLens/status/1989196494495424995. Aave V3 supports supplying ETH as collateral to borrow stablecoins such as USDT, consistent with the reported on-chain flows. Source: Aave Docs, docs.aave.com/faq. Binance lists the ETH/USDT spot market, so deposited USDT can be used for ETH trades. Source: Binance spot market, binance.com/en/trade/ETH_USDT.

According to @lookonchain, whale #66kETHBorrow has accumulated 385,718 ETH worth about $1.33B based on on-chain tracking, source: Lookonchain. According to @lookonchain, the same entity just borrowed another $120M USDT from Aave and deposited the funds to Binance, source: Lookonchain. According to @lookonchain, this flow likely indicates preparation to buy more ETH, which is a trading-relevant signal for ETH markets, source: Lookonchain.

According to @CoinMarketCap, the October 2025 review highlights JPMorgan, Citibank, MUFG, and Mastercard advancing custody and tokenization, signaling ongoing institutional participation in crypto market infrastructure. Source: CoinMarketCap According to @CoinMarketCap, Grayscale launched the first staking ETPs and 21Shares filed HYPE ETFs, expanding the lineup of exchange-traded crypto products tracked in the period. Source: CoinMarketCap According to @CoinMarketCap, BTC closed the month above 100,000 dollars despite approximately 20 billion dollars in mid-month liquidations, marking a strong monthly finish in the face of deleveraging. Source: CoinMarketCap According to @CoinMarketCap, protocol developments included the Aave v4 transition and zkSync’s Atlas upgrade, adding notable DeFi and L2 milestones to the month’s market drivers. Source: CoinMarketCap

According to Lookonchain, address 0x9992 borrowed 10M USDC from Aave roughly two hours prior to the post and purchased 2,909 ETH; source: Lookonchain on X https://x.com/lookonchain/status/1988501287936422209. According to Lookonchain, the whale currently has 83,816 ETH valued at approximately $288.6M deposited on Aave and has borrowed $122.89M in stablecoins; source: Lookonchain on X https://x.com/lookonchain/status/1988501287936422209. According to Lookonchain, the related addresses can be monitored for position changes via Arkham Intelligence; sources: https://intel.arkm.com/explorer/address/0x99926Ab8E1B589500aE87977632f13cF7f70F242 and https://intel.arkm.com/explorer/address/0x54d250405d22e858D125Ce2c1aFFC7D73AFe6029. According to Lookonchain, this flow indicates leveraged long ETH exposure via Aave borrowing and spot accumulation; source: Lookonchain on X https://x.com/lookonchain/status/1988501287936422209.

According to @lookonchain, a whale tied to the “66k ETH Borrow” cluster purchased 30,548 ETH (about USD 105.36M) in the past hour. Source: @lookonchain on X, Nov 12, 2025. According to @lookonchain, cumulative buys since Nov 4 reached 385,718 ETH (about USD 1.33B), with USD 270M of the purchasing funds borrowed from Aave. Source: @lookonchain on X, Nov 12, 2025. According to @lookonchain, related addresses disclosed for monitoring are 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89, 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, and 0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f. Source: @lookonchain on X, Nov 12, 2025.

According to @EmberCN, a single whale or institution pivoted long after a $24.48M profit from shorting ETH, borrowing roughly 190M USDT on Aave, sending it to Binance, and withdrawing 163,680 ETH (~$581M) to on-chain wallets on Nov 11–12, 2025; source: @EmberCN on X and Arkham Intelligence entity https://intel.arkm.com/explorer/entity/16090b03-b744-484a-8a6d-b1c62b21fd95. According to @EmberCN, when combined with Nov 5 flows of 702M USDT into Binance and 191,477 ETH (~$638M) withdrawn, the entity accumulated about 355,000 ETH (~$1.22B) within one week; source: @EmberCN on X and Arkham Intelligence entity https://intel.arkm.com/explorer/entity/16090b03-b744-484a-8a6d-b1c62b21fd95. According to @EmberCN, the average acquisition price for these Binance withdrawals is approximately $3,436 per ETH based on withdrawal-time prices; source: @EmberCN on X. According to @EmberCN, the tracked wallet cluster and on-chain flows are viewable via Arkham Intelligence and align with the described Aave borrow, Binance funding, and subsequent ETH withdrawals to self-custody; source: @EmberCN on X and Arkham Intelligence entity https://intel.arkm.com/explorer/entity/16090b03-b744-484a-8a6d-b1c62b21fd95.

According to @OnchainLens, a whale withdrew 60,000 ETH valued at $213.73M from Binance and deposited it into Aave V3, and the wallet now holds 326,902 ETH worth $1.16B (source: @OnchainLens; Arkham address 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c). According to Arkham’s transaction explorer, the on-chain path shows funds leaving Binance to the whale address and then moving into Aave V3 (source: Arkham). According to @OnchainLens and Arkham data, this flow shifts 60,000 ETH from a centralized exchange to a DeFi lending protocol for this wallet, a data point traders track when monitoring exchange supply and DeFi collateral flows (source: @OnchainLens; Arkham).

According to @OnchainLens, the whale borrowed an additional $90M USDT and bought 31,131 ETH (~$113M) on Binance, taking totals to 75,418 ETH (~$269.46M) purchased, 109,576 ETH (~$393M) supplied to Aave V3, and $190M USDT borrowed. According to @OnchainLens, these figures imply an on-chain LTV near 48% (190M debt vs 393M collateral) and an average Binance purchase price near $3,573 per ETH (269.46M divided by 75,418). According to @OnchainLens, the activity is tied to Arkham Intelligence explorer address 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, which consolidates the wallet’s transfers. Based on the sequence reported by @OnchainLens, the loop of borrowing USDT, buying ETH, and supplying ETH to Aave V3 indicates a leveraged long structure that traders can monitor for changes in collateral and debt levels via the linked Arkham address.

According to @ai_9684xtpa, whale address 0xE5C...B4e4c supplied 78,444.11 ETH to Aave and borrowed 100,000,000 USDT with a reported health factor of 2.33 (source: @ai_9684xtpa; on-chain reference: Debank address 0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c). According to @ai_9684xtpa, the entity then sent funds to Binance and withdrew 44,287.8 ETH worth about $156M at an average acquisition price of $3,532.6 (source: @ai_9684xtpa; on-chain reference: Debank address 0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c). Based on Aave documentation, borrowing USDT against ETH collateral to acquire additional ETH constitutes a leveraged long, and declines in ETH price reduce the health factor toward 1.0 and increase liquidation risk (source: Aave Docs). Based on Aave liquidation mechanics, monitoring this address’s Aave health factor and transfer activity offers visibility into position stability and potential forced-selling thresholds, with the reported $3,532.6 cost basis serving as a key reference level for traders (source: Aave Docs; source: @ai_9684xtpa; on-chain reference: Debank address 0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c).

According to @EmberCN, a whale or institution that previously shorted ETH for a $24.48M profit pivoted to long by buying 191,477 ETH at $3,335 on Nov 5, now showing $47.87M in unrealized gains. Source: @EmberCN on X; debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c; x.com/EmberCN/status/1988053052059009220. According to @EmberCN, the same address borrowed 100M USDT from Aave about 7 hours ago, transferred it to Binance, and withdrew 44,288 ETH worth about $156M to self-custody, indicating leveraged accumulation activity. Source: @EmberCN on X; debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c; x.com/EmberCN/status/1988053052059009220. According to @EmberCN, over the past week the address accumulated a total of 235,765 ETH valued around $795M at an average entry price of $3,372, establishing the reported cost basis for the position. Source: @EmberCN on X; debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c; x.com/EmberCN/status/1988053052059009220.

According to @OnchainLens, the ETH whale who previously borrowed 66K ETH to sell and later bought 257,543 ETH ($896M) during the dip appears to be rebuilding exposure, corroborated by Arkham wallet explorer data for address 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c). According to @OnchainLens and Arkham, recent transactions include depositing 34,156 ETH ($120.3M) into Aave, borrowing $60M USDT and sending it to Binance, buying 23,500 ETH ($82.62M) and supplying it to Aave V3, borrowing $40M USDC and sending it to Binance, and buying 20,787 ETH ($73.81M) and supplying it to Aave V3 (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c). According to @OnchainLens and Arkham, this sequence totals 78,443 ETH supplied as collateral on Aave V3 and $100M in stablecoins moved to Binance, aligning with @OnchainLens’s characterization that the wallet is building its position again (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c). According to @OnchainLens and Arkham, the prior accumulation of 257,543 ETH ($896M) provides scale context for traders assessing order book liquidity and potential flow impact from this ongoing activity (intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c).

According to Lookonchain, the whale who previously borrowed 66K ETH to sell later accumulated 257,543 ETH valued at $896M during the market dip. According to Lookonchain, the same address just deposited 34,156 ETH ($120.3M) into Aave, borrowed 60M USDT, and transferred the funds to Binance. According to Lookonchain, this flow is likely intended to buy more ETH.

According to @AltcoinDaily, a SmartCon 2025 NYC panel featuring Chainlink and Aave founders claims that institutions will 10x crypto and that DeFi will win, with the full discussion available on YouTube, source: @AltcoinDaily on X; source: YouTube vj6yAs9Tp7w. The announcement explicitly highlights BTC, ETH, LINK, and AAVE, directing trader attention to these assets in the institutional DeFi narrative, source: @AltcoinDaily on X.

According to @CryptoMichNL, traders should stop labeling everything as Altcoins and reserve the term specifically for memecoins (source: @CryptoMichNL on X, Nov 8, 2025). He states that tokens from building projects such as LINK, AAVE, and NEAR should be treated as crypto company tokens rather than Altcoins in his framework (source: @CryptoMichNL on X, Nov 8, 2025). For trading workflows, this classification separates memecoin baskets from project tokens like LINK, AAVE, and NEAR when organizing watchlists and peer groups (source: @CryptoMichNL on X, Nov 8, 2025). The post was published on Nov 8, 2025, signaling his current taxonomy for market communication and analysis (source: @CryptoMichNL on X, Nov 8, 2025).

According to @lookonchain, address 0x540C withdrew 114.9M USDT from Aave, pushing USDT utilization on the core market to 92.83%, above the 92% optimal utilization threshold (source: @lookonchain; source: Etherscan tx 0x8427fc1c91a133c02f10999c089806ebff0296bae4c875f07ed379b649ba8549). According to Aave documentation, when utilization exceeds the optimal level, the kinked interest rate model increases variable borrow APRs sharply and lifts supply APYs due to the higher post-kink slope (source: Aave Docs – Interest Rate Strategy). Based on @lookonchain’s reported 92.83% utilization, USDT borrowing costs on Aave should rise while USDT suppliers see higher yields under the model mechanics (source: @lookonchain; source: Aave Docs – Interest Rate Strategy). For traders, monitoring Aave’s USDT variable borrow APR, supply APY, and available liquidity can inform decisions to repay variable USDT debt or supply USDT to capture elevated yields in line with the documented rate model (source: Aave Docs – Interest Rate Strategy; source: @lookonchain).

According to @PANewsCN, Arkham data shows Justin Sun withdrew 45,000 ETH valued at 154.5 million dollars from Aave and deposited it into Lido for staking this morning, source: Arkham Intelligence via PANews. Arkham further reports the publicly tagged wallet associated with Justin Sun now holds about 534 million dollars in ETH, surpassing his TRX holdings of roughly 519 million dollars, source: Arkham Intelligence via PANews. This single transfer adds 45,000 ETH to Lido deposits and removes the same amount from Aave from this address, directly affecting on-chain liquidity profiles for ETH, LDO, and AAVE tracked by Arkham, source: Arkham Intelligence via PANews.

According to @CoinMarketCap, Monad will launch its Layer 1 mainnet and native MON token on Nov. 24, a key date for tracking initial liquidity and potential listings; source: @CoinMarketCap. According to @CoinMarketCap, approximately 225,000 verified users of Hyperliquid, Uniswap, Aave, and Pump.fun will receive MON distributions, signaling broad DeFi user coverage at genesis; source: @CoinMarketCap.

According to @OnchainDataNerd, MetaAlpha withdrew 6,800 ETH worth about 22.72 million dollars from Binance roughly 6 hours ago and deposited the entire amount into Aave, source: @OnchainDataNerd; ARKM Explorer address 0x96F49d0e9724dFD8780fa667ac37A993f005CB94. The on-chain transfers confirm the ETH moved off a centralized exchange and was supplied to the Aave lending pool under that wallet, source: @OnchainDataNerd; ARKM Explorer address 0x96F49d0e9724dFD8780fa667ac37A993f005CB94. On Aave, supplied ETH can be enabled as collateral to borrow other assets, which is standard protocol behavior, source: Aave documentation. For trading implications, this shift relocates 6,800 ETH from exchange order books to a lending venue that enables collateralized borrowing, a setup traders monitor when evaluating near-term ETH liquidity and leverage conditions, source: @OnchainDataNerd; Aave documentation.

According to @PeckShieldAlert, ETH falling below $3,200 triggered the liquidation of a whale’s long wstETH position on Aave, with approximately $23.44 million in wstETH liquidated across multiple transactions. According to @PeckShieldAlert, the address 0xa740...b5b6 had supplied wstETH as collateral to borrow USDT and USDC, and the breach of the $3,200 ETH price threshold activated liquidations on the Aave market.

According to @PeckShieldAlert, as BTC fell below $101K, a whale address 0x94de...940a that supplied WBTC to borrow USDT on Aave was liquidated, with a total of $31.47M wiped out (source: @PeckShieldAlert, Nov 5, 2025).

According to @EmberCN, an entity that borrowed 66,000 ETH on Oct 20 by posting roughly 700M USDC as collateral on Aave to short repaid the debt yesterday and realized a $24.48M profit, source: X post https://x.com/EmberCN/status/1985876023158980987 and Arkham data https://intel.arkm.com/explorer/address/0xFaf1358Fe6a9FA29A169Dfc272B14E709f54840f. From last night to this morning, the same wallets sent $482M USDC into Binance and withdrew 144,255 ETH with an estimated average execution near $3,341, indicating an active shift to ETH accumulation, source: @EmberCN on X https://x.com/EmberCN/status/1985876023158980987 and Arkham data https://intel.arkm.com/explorer/address/0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c. For traders, the whale’s reported cost basis around $3,341 and the net exchange outflow of 144,255 ETH are levels and flows to monitor for liquidity and risk management, with figures taken from @EmberCN’s report and the referenced Arkham addresses, source: X post https://x.com/EmberCN/status/1985876023158980987 and Arkham data https://intel.arkm.com/explorer/address/0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89.

According to @lookonchain, a wallet holding 610 million USDC borrowed 66,000 ETH worth 265 million dollars from Aave about two weeks ago and deposited it to Binance at 4,020 dollars per ETH, source: @lookonchain. Over the past two days, the same entity withdrew 174,166 ETH worth 621 million dollars from Binance at 3,568 dollars per ETH, source: @lookonchain. After repaying the borrowed ETH, the wallet still holds 108,105 ETH valued at about 380 million dollars, with realized profit exceeding 29 million dollars, source: @lookonchain.

According to @OnchainLens, an entity supplied $610.2M USDC on Aave V3 to borrow 66,000 ETH and transferred the ETH to Binance when ETH traded at $4,032 (source: @OnchainLens). According to @OnchainLens, over the past two days the whale repaid 64,043 ETH valued at $231.37M at a price of $3,613 (source: @OnchainLens). According to @OnchainLens, the entity still owes 2,022 ETH worth $7.05M (source: @OnchainLens). According to @OnchainLens, the short position has yielded a realized profit of $26.9M (source: @OnchainLens). According to @OnchainLens, related wallets include 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, and 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89 (source: @OnchainLens).

According to @EmberCN on X, the ETH whale nemorino.eth sold 8,000 ETH at $3,609 after the overnight drop and repaid $24.83 million in USDC borrowings on Aave, fully removing leverage and realizing a $7.58 million profit (+98%). According to @EmberCN on X, the trader accumulated 10,914 ETH at a $2,946 average from May to October using looping loans starting with $7.7 million USDC. According to @EmberCN on X, the exit was motivated by concern over liquidation risk amid further downside. According to the DeBank wallet page for 0x8aecc5526f92a46718f8e68516d22038d8670e0d, the address activity aligns with the reported de-leveraging and Aave repayments.

According to Onchain Lens, an entity supplied $610.2M USDC to Aave V3, borrowed 66,000 ETH, and sent the ETH to Binance, citing Nansen data. According to Onchain Lens, the same entity has now withdrawn 20,021 ETH (about $78.15M) back to wallet 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, with related activity tied to 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8 and 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89, based on Nansen-tracked flows. According to Onchain Lens, ETH was around $4,032 when the 66,000 ETH was borrowed and is about $3,841 now, implying roughly a $12.6M mark-to-market difference on that notional. According to Onchain Lens, the 20,021 ETH withdrawal equals about 30.3% of the 66,000 ETH borrowed. According to Onchain Lens, the borrowed ETH notional at borrow time was approximately $266.1M, implying an initial collateral-to-debt ratio near 2.3x based on the $610.2M USDC supplied. According to Onchain Lens, traders can monitor addresses 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, and 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89 for subsequent exchange inflows or outflows to assess liquidity shifts, with movements sourced from Nansen data cited by Onchain Lens.

According to @ai_9684xtpa, Aave looping-long address 0xC26...7869C sold 2,500 ETH (about $9.67M) roughly 8 hours ago to reduce leverage (source: @ai_9684xtpa; on-chain view via DeBank). According to @ai_9684xtpa, the same wallet bought 2,989 ETH between Oct 13 and Oct 27 at an average price of $4,197, implying an estimated realized loss of about $820,000 on this sale (source: @ai_9684xtpa; DeBank). According to @ai_9684xtpa, the address still collateralizes 13,504.56 ETH and has borrowed $37.24M in stablecoins on Aave with a health factor of 1.16 (source: @ai_9684xtpa; DeBank). Positions on Aave become eligible for liquidation when the health factor falls below 1.0, making 1.16 a relatively narrow buffer by protocol design (source: Aave documentation).

According to @PANewsCN, analyst JackMandin stated that in Q3 Aave generated nearly 4 million dollars in interest income from GHO lending, marking an all time high for the protocol. Source: PANews on X https://twitter.com/PANewsCN/status/1984084271271964819; JackMandin on X https://x.com/JackMandin/status/1983921534684016883 @PANewsCN reported that because Aave issues GHO, the protocol can recognize the full interest as protocol revenue. Source: PANews on X https://twitter.com/PANewsCN/status/1984084271271964819 JackMandin added that as GHO scales, it will become an increasingly important driver of Aave revenue growth. Source: JackMandin on X https://x.com/JackMandin/status/1983921534684016883; PANews on X https://twitter.com/PANewsCN/status/1984084271271964819

According to @OnchainDataNerd, a large holder withdrew 12,100 AAVE (about $2.71M) from Binance roughly 9 hours ago, citing on-chain tracking of the address 0x0a0FA2B02aE73bD9eb4c1E086458099ECA42476e (source: @OnchainDataNerd on X). According to Arkham Intelligence, the same address currently holds 39,278 AAVE valued around $8.92M, with an unrealized loss of approximately $2.05M as referenced by the post and visible wallet data at https://intel.arkm.com/explorer/address/0x0a0FA2B02aE73bD9eb4c1E086458099ECA42476e (source: Arkham Intelligence, @OnchainDataNerd). Based on those figures, the implied current mark is about $227 per AAVE and the average entry price is about $279, reflecting roughly an 18.6% unrealized drawdown for the wallet (source: calculations from @OnchainDataNerd’s reported amounts). The 12.1k AAVE withdrawal equals about 30.8% of the wallet’s current AAVE holdings, a size traders may monitor by tracking subsequent flows on the Arkham Intelligence address page for potential changes in positioning (source: @OnchainDataNerd, Arkham Intelligence).

According to @EmberCN, a wallet suspected to be linked to Bitfinex collateralized 300,000 ETH (about $1.17B) on Aave and borrowed $500M USDT before transferring the funds, based on on-chain tracking. Source: @EmberCN on X, Oct 24, 2025. The specific address highlighted is 0xc6badce2f5e10db90d74dbe023768259ec4699c7 as referenced via Debank. Source: @EmberCN on X; Debank profile cited by @EmberCN. The $500M USDT was then pre-deposited into Stable’s $825M USDT program ahead of the public announcement. Source: @EmberCN on X; Stable official post on X referenced by @EmberCN. The same wallet had previously supplied $200M USDT to Plasma at its late-September mainnet launch and redeemed it yesterday to fund the Stable deposit. Source: @EmberCN on X. @EmberCN also notes that Plasma and Stable are backed by Bitfinex through investment and support. Source: @EmberCN on X. Such a large USDT borrow typically lifts Aave’s USDT pool utilization and variable borrow APRs under Aave’s utilization-based rate model, which can affect funding costs for leveraged traders. Source: Aave documentation. The $200M rotation out of Plasma implies a corresponding TVL reduction there and a short-term liquidity concentration toward Stable’s pre-deposit pool. Source: @EmberCN on X.

According to @OnchainLens, a whale deposited $16 million USDC into HyperLiquid, signaling immediate capital deployment into ETH markets, source: @OnchainLens on X. According to @OnchainLens, the address then bought 4,184 ETH at a price of $3,824, totaling approximately $15.9996 million, source: @OnchainLens on X. According to @OnchainLens, 4,128 ETH from this purchase was supplied to Aave V3, indicating on-chain movement of newly acquired ETH into DeFi collateral, source: @OnchainLens on X. According to @OnchainLens, the reported address is 0x1e4535ede3ef2de03d8e9bcf466924665ea19b54, and activity reference is provided via hyperbot.network/trader/0x57f4fb3bd619f50d0fe74aaacff723494cfde132, source: @OnchainLens on X and hyperbot.network.

According to @OnchainDataNerd, within 12 hours market maker GSR deposited to Binance 405,000 UNI (~$2.64M), 6,000 AAVE (~$1.38M), 16,000,000 USDC, and 682,000 WLD (~$636k). According to @OnchainDataNerd, the transfers were sent from an address referenced in the source post as GSR on Arkham. According to @OnchainDataNerd, the reported amounts imply an aggregate transfer value of roughly $20.7M based on the valuations provided in the post. According to @OnchainDataNerd, these transactions constitute exchange inflows to Binance by a market maker across UNI, AAVE, USDC, and WLD within a short time window.

According to @EmberCN, Sei’s recent official messaging centers on real‑world asset (RWA) collaborations with traditional asset managers including BlackRock, Apollo, Hamilton Lane, and Brevan Howard, positioning SEI to differentiate among L1s via tokenization strategy (source: @EmberCN). The approach described is to tokenize select funds managed by these firms and deploy them on Sei, enabling on‑chain investing, holding, and trading of those tokenized funds for users (source: @EmberCN). The author highlights that RWA’s key trading edge is DeFi composability—such as pledging tokenized fund positions to borrow while retaining fund yield—creating multiple structured yield paths (source: @EmberCN). To activate liquidity for these assets, Sei has introduced the lending protocol Morpho on Sei; Morpho reportedly holds $12B in user deposits and ranks third among lending protocols after Aave and Sky, setting the stage for on‑chain liquidity flywheel effects (source: @EmberCN). For traders, the setup implies watching for RWA listings on Sei, Morpho market utilization on Sei, and chain‑level liquidity/TVL traction as near‑term catalysts, as framed by the source (source: @EmberCN).

According to @EmberCN, an unidentified whale or institution withdrew 700 million USDC from Binance into four on-chain wallets about a week ago. Source: x.com/EmberCN/status/1980282037216133453 According to @EmberCN, three of these wallets later supplied a combined 610 million USDC as collateral on Aave and borrowed a total of 66,000 ETH (about $262 million), then transferred the ETH to Binance. Source: x.com/EmberCN/status/1980282037216133453; Debank: debank.com/profile/0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89, debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c, debank.com/profile/0x85e05c10db73499fbdecab0dfbb794a446feeec8 According to @EmberCN, the fourth wallet still holds 91.2 million USDC unutilized for collateral as of the post. Source: x.com/EmberCN/status/1980282037216133453; Debank: debank.com/profile/0xfaf1358fe6a9fa29a169dfc272b14e709f54840f According to @EmberCN, address-level breakdown shows 190M USDC collateral borrowing 20,000 ETH at 0x6e9e..., 200M USDC borrowing 22,000 ETH at 0xe5c2..., and 220M USDC borrowing 24,000 ETH at 0x85e0.... Source: Debank: debank.com/profile/0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89, debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c, debank.com/profile/0x85e05c10db73499fbdecab0dfbb794a446feeec8 According to @EmberCN, this borrow-and-transfer pattern may be positioning for a short or hedge, which, if executed, could add near-term sell-side liquidity in ETH; traders can monitor Binance ETH net inflows and funding rate shifts for confirmation. Source: x.com/EmberCN/status/1980282037216133453

According to @OnchainLens, three wallets attributed to a single unknown whale withdrew $610.2 million USDC from Binance about a week ago (source: @OnchainLens). The same source reports the USDC was supplied to Aave V3 to borrow 66,000 ETH valued at $266.09 million (source: @OnchainLens). According to @OnchainLens, the 66,000 ETH was then deposited back into Binance within the past 4 hours, increasing exchange-available ETH by that amount in a short window (source: @OnchainLens). Based on figures reported by @OnchainLens, the implied loan-to-value is approximately 43.6% ($266.09M of ETH against $610.2M of USDC) (source: @OnchainLens). Wallet addresses cited are 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, and 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89 (source: @OnchainLens).

According to @lookonchain, a whale holding 610M USDC borrowed a total of 66,000 ETH valued at $265.32M from Aave and deposited the ETH into Binance. Source: @lookonchain on X, Oct 20, 2025, x.com/lookonchain/status/1980322095335874773. According to @lookonchain, the addresses linked to this activity are 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8, 0xE5C248D8d3F3871bD0f68E9C4743459C43BB4e4c, and 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89. Source: @lookonchain on X, Oct 20, 2025.

According to @EmberCN, a wallet deposited 200 million USDC on Aave as collateral, borrowed 22,000 ETH (~$89 million), and transferred the ETH to Binance. Source: x.com/EmberCN/status/1980282037216133453; on-chain wallet pages: debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c and debank.com/profile/0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89. According to @EmberCN, combined with related flows last week, the entity now has 390 million USDC collateralized and 42,000 ETH (~$169 million) borrowed and moved to Binance, described by the author as a whale or institution with a suspected short bias. Source: x.com/EmberCN/status/1980282037216133453; on-chain wallet pages: debank.com/profile/0xe5c248d8d3f3871bd0f68e9c4743459c43bb4e4c and debank.com/profile/0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89. For trading, monitor these wallets’ Aave health factor and liquidation thresholds to gauge position risk and potential market impact. Source: Aave documentation docs.aave.com and DeBank wallet overviews debank.com.

According to @lookonchain, a newly created wallet 0x6e9e withdrew 190.21M USDC from Binance about a week ago, deposited the same 190.21M USDC into Aave roughly 30 minutes ago, borrowed 20,000 ETH valued at $80.62M, and then deposited the 20,000 ETH to Binance, source: @lookonchain. Based on the figures reported, the borrow-to-collateral ratio is approximately 42.4 percent using $80.62M borrowed value against $190.21M USDC collateral, source: @lookonchain. The implied ETH valuation in the post is roughly $4,031 per ETH calculated as $80.62M divided by 20,000, source: @lookonchain. The wallet address referenced is 0x6e9e81EfCC4CBff68eD04c4a90AeA33cB22c8c89, source: @lookonchain.

According to @EmberCN, a single address deposited 190 million USDC as collateral on Aave, then roughly 15 minutes before the post borrowed 20,000 ETH valued at $80.62 million and transferred the ETH to Binance. source: @EmberCN on X, Oct 20, 2025; debank.com/profile/0x6e9e81efcc4cbff68ed04c4a90aea33cb22c8c89

According to @MilkRoadDaily, their PRO researcher @m0xt_ has delivered accurate trade calls on COIN, HOOD, GLXY, AAVE, and PUMP, and will continue issuing new calls, source: @MilkRoadDaily on X, Oct 19, 2025, https://twitter.com/MilkRoadDaily/status/1979951945571078500.

According to the source, implementing circuit breakers on-chain is complex because highly composable DeFi protocols can propagate pauses or failures across lending, DEX, and collateral loops, a systemic risk highlighted by the Bank for International Settlements in its analysis of DeFi interlinkages. Existing controls like Aave’s Emergency Admin freeze and pause functions and Compound’s Pause Guardian can disable specific actions but cannot halt cross-protocol liquidations or price formation, as documented by the Aave documentation and Compound documentation. MakerDAO’s system-wide Emergency Shutdown can stop operations but historically created settlement and liquidity challenges during March 2020’s Black Thursday, according to MakerDAO documentation and Maker governance postmortems. Oracle update thresholds and heartbeats, together with MEV-driven transaction ordering, make coordinated halts and fair resets difficult during fast markets, as described by Chainlink documentation and Flashbots research. Risk teams advocate dynamic parameter throttling over blanket halts to reduce liquidation cascades, which traders should monitor in governance proposals and risk dashboards, as noted by Gauntlet research.

According to the source, Celo, Ronin, Synthetix, and Aave are reported to be shifting activity back toward Ethereum after testing alternative Layer-1s, implying potential liquidity consolidation on the ETH stack if confirmed, source: the source. Celo’s community previously proposed moving to an Ethereum Layer-2 using the OP Stack, signaling a strategic pivot toward Ethereum scalability, source: Celo Forum. Synthetix concentrated incentives and the v3 roadmap on Optimism (an Ethereum L2), progressively reducing emphasis on alt-L1 deployments, source: Synthetix SIPs and governance. Aave’s core markets continue to prioritize Ethereum and leading L2s (Optimism, Arbitrum, Base), anchoring major liquidity within the Ethereum ecosystem, source: Aave Governance. Ronin operates as an EVM chain bridged to Ethereum, enabling asset mobility and settlement routes via Ethereum bridges, which makes a return path operationally feasible, source: Ronin documentation. Historically, consolidation around Ethereum has coincided with rising L2 TVL and relative ETH strength versus select alt-L1 baskets, informing rotation trades, source: L2BEAT and DefiLlama. Traders should monitor ETH/BTC, L2 TVL on L2BEAT, chain TVL share on DefiLlama, Ethereum gas fees on Etherscan, bridge net flows on Dune or Nansen, and alt-L1 funding rates/open interest on major derivatives venues to gauge migration pressure and adjust positioning, source: L2BEAT, DefiLlama, Etherscan, Dune, Nansen, and exchange derivatives dashboards. Key risks include incentive relaunches on alt-L1s and governance outcomes that could delay or alter migration timelines, which have shifted rotation timing in prior cycles, source: project governance forums.

According to the source, large crypto holders are dumping Solana (SOL), Aave (AAVE), and Aster, which the source frames as smart money exiting and a caution signal for near-term trading sentiment. According to the source, the whale distribution across these assets suggests elevated sell-side activity that traders should monitor for potential pressure on spot markets and DeFi liquidity pools.

According to @PeckShieldAlert, a whale wallet 0x19c4...d26a with long exposure to WBTC, ETH, and LINK via Aave was liquidated for $1.45M after BTC broke below $104K, source: @PeckShieldAlert. The alert dated Oct 17, 2025 identifies the affected markets (Aave, WBTC, ETH, LINK) and the BTC trigger level of $104K for the liquidation, source: @PeckShieldAlert.

According to @PeckShieldAlert, on Oct 17, 2025 a whale wallet 0xbf2b..15bd long on WBTC via Aave was liquidated for 1.50 million USD after BTC fell below 108,000 USD.

According to Onchain Lens citing Nansen data, address 0xebb4ee6fe7a3cb6c207e62d46a6519e1878c5855 sold 91,356 AAVE for $20.59M USDC at an average price of $225 (Source: Onchain Lens; Nansen). The alert was posted on Oct 17, 2025 by Onchain Lens based on Nansen data, providing a concrete on-chain transaction reference for traders monitoring AAVE flows (Source: Onchain Lens; Nansen).

According to Lookonchain on X (Oct 17, 2025), wallet 0xebb4 sold 88,227 AAVE over the past 8 hours for approximately $19.89M at an average exit price of $225.47, indicating significant short-term distribution from a single holder. According to Lookonchain, the address now holds 3,129 AAVE valued around $697K, with the balance viewable via the DeBank wallet profile referenced by Lookonchain. According to Lookonchain, the selling pace equates to roughly $2.49M per hour over the period, giving traders concrete on-chain flow metrics to monitor for AAVE liquidity and volatility.

According to @EmberCN, an AAVE leveraged-long whale sold 70,000 AAVE at an average price of 223 USD over the past four hours, swapped to 15.62 million USDC, and repaid all Aave borrowings, fully deleveraging the position (source: @EmberCN on X, Oct 17, 2025; on-chain address 0xebb4ee6fe7a3cb6c207e62d46a6519e1878c5855 via DeBank). After the debt repayment, the wallet holds about 21,000 AAVE worth roughly 4.8 million USD, removing immediate liquidation risk on Aave for that address’s position (source: @EmberCN on X, Oct 17, 2025; on-chain address 0xebb4ee6fe7a3cb6c207e62d46a6519e1878c5855 via DeBank). In April, the same wallet partially cut AAVE around 120 USD to avoid liquidation when price fell below that level (source: @EmberCN on X, Oct 17, 2025).

According to @EmberCN, 210,000 AAVE worth about $51.32 million were withdrawn over the past 11 hours from Binance, OKX, and Bybit to a Galaxy Digital OTC wallet and then consolidated to address 0x73ACC6C8974F63de67594511A6aB21AB5F067295 roughly 30 minutes before the post, source: @EmberCN on X. Nansen labels the destination wallet 0x73AC as associated with Multicoin Capital, indicating the receiving address is tied to the fund, source: Nansen address labels as cited by @EmberCN. The on-chain path from centralized exchanges to an OTC desk and then to a fund-labeled address can be verified via Arkham Intelligence at intel.arkm.com/explorer/address/0x73ACC6C8974F63de67594511A6aB21AB5F067295, source: Arkham Intelligence. For trading, the tracked flows confirm large off-exchange accumulation into a Multicoin Capital-labeled wallet, making AAVE liquidity and order book dynamics on exchanges a key monitor alongside the 0x73AC wallet and related OTC transfers, source: @EmberCN for flow details; Nansen for wallet attribution; Arkham Intelligence for on-chain verification.

According to @ai_9684xtpa, a leveraged ETH buyer who entered on Sep 9 at an average of $4,396.5 sold 3,443 ETH at a $3,754 average over the past 6 hours for roughly $12.92 million, realizing about $2.212 million in losses, with the remaining Sep 9 ETH still showing an unrealized loss of about $3.122 million, source: @ai_9684xtpa. The wallet 0xc26b5977c42c4fa2dd41750f8658f6bd2b67869c currently has 13,000 ETH posted as collateral on Aave and $34.19 million in stablecoin debt with a health factor of 1.2, indicating elevated leverage, source: DeBank and @ai_9684xtpa. Aave documentation states positions are liquidated when the health factor falls to 1.0 or below, implying further ETH price declines could force additional deleveraging or trigger liquidations from this address, source: Aave Docs. Traders can monitor this wallet’s health factor and ETH order flow for potential sell pressure tied to on-chain leverage unwinds, source: DeBank and Aave Docs.

According to Lookonchain, the wallet dubbed 7 Siblings borrowed 40M USDC on Aave about 4 hours ago. Source: Lookonchain on X: x.com/lookonchain/status/1886321019042025505 According to Lookonchain, the same wallet spent 5M USDC in the past hour to buy 1,326 ETH at 3,771 USD, representing 5M USD of on-chain ETH buy volume during the market downturn. Source: Lookonchain on X: x.com/lookonchain/status/1886321019042025505; DeBank wallet history: debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0/history Based on these reported figures, approximately 12.5 percent of the borrowed USDC has been deployed, implying up to 35M USDC remains from the cited borrow amount if unchanged. Source: Lookonchain on X: x.com/lookonchain/status/1886321019042025505 The active wallet for tracking is 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. Source: DeBank wallet history: debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0/history

According to @EmberCN, ETH whale/institution "7 Siblings" resumed dip-buying after today’s drop by borrowing 40M USDC on Aave and purchasing 1,326 ETH with 5M USDC in the last hour at an average price of $3,771, source: https://twitter.com/EmberCN/status/1976835462393446633. Historical activity cited shows they bought 100,000 ETH around $2,270 after a 15%+ ETH decline on Aug 5 last year and 25,000 ETH around $1,700 after a 10%+ decline on Apr 7 this year, source: https://twitter.com/EmberCN/status/1976835462393446633. The tracked wallet address is 0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0, viewable on DeBank for real-time holdings and flows, source: https://debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0. This on-chain accumulation and lending activity provides a tradable signal for short-term ETH participants to monitor spot inflows and potential follow-through, source: https://twitter.com/EmberCN/status/1976835462393446633 and https://debank.com/profile/0x28a55c4b4f9615fde3cdaddf6cc01fcf2e38a6b0.

According to @PeckShieldAlert, as the market crashes with BTC down 8.44%, a whale address 0xddf7...8ce5 was liquidated on Aave for $14.4M worth of cbBTC; source: @PeckShieldAlert on X. Based on this reported on-chain liquidation, traders should monitor Aave liquidation queues, cbBTC pool liquidity, and slippage for potential continuation risk and forced deleveraging pressure; source: @PeckShieldAlert on X.

According to @PeckShieldAlert, ETH fell below $4,100 and an Aave long position linked to address 0x946f...81a6 was liquidated for 247.62 WETH, valued at about 1.05M. Source: @PeckShieldAlert on X https://twitter.com/PeckShieldAlert/status/1976677238184821207 The alert was posted on Oct 10, 2025, highlighting real-time DeFi liquidation activity tied to ETH price weakness. Source: @PeckShieldAlert on X https://twitter.com/PeckShieldAlert/status/1976677238184821207