AAVE Whale Transfers Significant Holdings to FalconX

According to PANews, blockchain analyst Yujin has reported that a whale investor, who accumulated 160,710 AAVE tokens at $89 each between June and August 2024, has recently transferred 43,500 AAVE tokens, valued at $7.48 million, to FalconX within the last 30 minutes. Since October 2024, the investor has been gradually selling off these holdings for profit. To date, the address has sold 96,600 AAVE tokens, approximately worth $16.03 million, at an average price of $166, realizing a profit of $7.44 million. The investor still retains 67,000 AAVE tokens, valued at around $11.54 million.