AAVE Whales Offloading Holdings As Price Peaks, Potentially Cashing In On Profits

AAVE Whales Offloading Holdings As Price Peaks, Potentially Cashing In On Profits

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Source: TheMerkle.com

A wave of large AAVE transactions has caught attention as several major holders, or “whales,” have been unloading significant amounts of AAVE tokens on various exchanges, suggesting a trend toward profit-taking.

One dormant whale, inactive for over a year and a half, recently deposited 25,790 AAVE (worth approximately $3.38 million) to MEXC, possibly aiming to capitalize on price gains.

This whale initially purchased 27,263 AAVE between April and June 2023

Read More https://themerkle.com/aave-whales-offloading-holdings-as-price-peaks-potentially-cashing-in-on-profits/

The post "AAVE Whales Offloading Holdings As Price Peaks, Potentially Cashing In On Profits" appeared first here TheMerkle.com.

Source: TheMerkle.com

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