A whale once again used a recursive lending strategy to borrow 1 million USDC to purchase 5211 AAVE.

According to Odaily Planet Daily, Lookonchain monitoring shows that a whale has once again used a recursive lending strategy to borrow 1 million USDC to purchase 5,211 AAVE tokens. This address currently holds 338,544 AAVE tokens (approximately $69.08 million) on Aave and has a debt of 30.8 million USDC.