A certain whale transferred 100,000 AAVE to CEX half an hour ago, equivalent to approximately 8.36 million US dollars
According to on-chain monitoring data, half an hour ago, a certain whale transferred the last 100,000 AAVE ($8.36 million) in its address into Binance. In a day and a half, this whale has cumulatively transferred 363,995 AAVE ($30.9 million) to Binance. This is likely also the reason for AAVE's poor price performance over the past day or so. These AAVE were withdrawn by the whale from Binance in November 2023 at an average price of $98.8 per coin. Now that the price of AAVE is $83, it means that this investment could result in losses up to $5.05 million (-14%) for the whale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Current mainstream CEX and DEX funding rates indicate the market remains broadly bearish

The Crypto Fear Index rises to 28, escaping the "Extreme Fear" zone
Analyst: The current macro environment is similar to the pandemic period, and bitcoin still has room to rise
The Hyperliquid team wallet has unstaked 2.6 million HYPE and conducted small-scale selling and transfer tests.