jake-wolf | Flipside Analyst

    jake-wolf

    Joined Jun 25, 2021
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    1Upvotes
    Whale Activities

    Whale Activities

    Oct 25, 2021 - The first graph is going to show you the transaction volumes of those that are the biggest players, whales, on AAVE. You can that the transaction volume is pretty constant, but spikes very heavily occasionally. For instance on February 3rd there is a major spike in transaction volume. After that day is crashes back and then continues to rise and fall. However, when looking at the frequency of trading from the biggest players it seems much more active. This is because the range is different. You can see realistically that there is always a lot of movement on AAVE, between all of the biggest players. On the graph labeled Polygon Event count, we are able to see the frequency of people using the network. It is important to notice that there is either a lot of action or none going on at a certain time. These event times are mirrored by the gas used in the other graph. Although it does not completely mirror the first graph, all of the gas being used is on the same dates. This makes sense because the events do not talk about the amount being used on each event. Many event could occur on the same day and have very small amounts of gas used or the price could be lower at a certain time. The next two graphs are referring to the leverage that is being used on the AAVE network. I am showing this through the amount of voting power that is being used on a daily basis, which can related to different protocols and voting events that have occurred on the network. The next graph is showing you who is using their power and when. These are going to be the big players and what their actual address is.

    jake-wolf