An unidentified wallet has transferred approximately 133.78 million USDC to the decentralized lending protocol Aave. The transaction was identified by the monitoring service Whale Alert. Neither Aave nor the stablecoin issuer Circle has provided information regarding the owner of the wallet.
This transaction is part of a broader trend of significant USDC movements involving Aave. On October 6, approximately 129.3 million USDC was deposited, while 149.6 million USDC arrived on October 5. Conversely, an outflow of 155 million USDC was recorded on October 3.
Between mid-September and early October, tracked deposits and withdrawals on the protocol fluctuated between 120 million and 193 million USD. During August and September, multiple transactions were observed in the 192 million to 193 million USD range.
The total supply of USDC across all Aave markets has recently exceeded 3 billion USD. Analysts suggest that such large deposits may indicate liquidity provisioning for yield or treasury adjustments, though no immediate impact on protocol operations has been reported.
