Cryptocurrency whale 0xE9D0 has engaged in recursive borrowing, securing a $1 million USDC loan to purchase 5,211 AAVE tokens. This move increases his total AAVE holdings to 338,544 tokens, valued at approximately $69.08 million on the Aave platform. The whale's current debt stands at $30.8 million in USDC, highlighting a significant leverage position in the DeFi market.