A leading investor, known as a whale, used nearly $4 million worth of Ethereum (ETH) to purchase over 20,000 Aave (AAVE) tokens through the CoW Protocol. This transaction generated over $400,000 in floating profit for the investor. The whale holds a significant amount of Pepe (PEPE) tokens, worth around $20 million, indicating their status as an early investor in the meme coin. The purchase of AAVE tokens suggests increased faith in decentralized finance (DeFi) governance tokens, leading to potential price increases in the near future. The movement of funds from PEPE to AAVE could also attract more institutional-level and whale-sized capital flow into the DeFi market. The crypto community is closely monitoring the whale's activity to gain insights into their future moves and the overall market sentiment towards DeFi tokens.
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