#On-chain whales cash out AAVE, netting millions of dollars.#
Hot Topic Overview
Overview
Recently, on-chain whale "osushidaisuki.eth" cashed out 7,873.7 AAVE in 15 minutes, exchanging them for 2.475 million USDC, making a profit of $1.73 million, with a profit margin of 234%. The whale had withdrawn 7,740.5 AAVE from Bybit on August 12th, when the price of AAVE was only $95.7. He sold it at $314.3 15 minutes ago, successfully capturing the upward trend of AAVE price and making a huge profit.
Ace Hot Topic Analysis
Analysis
Recently, the on-chain whale "osushidaisuki.eth" sold 7,873.7 AAVE tokens in just 15 minutes, exchanging them for 2.475 million USDC, resulting in a profit of $1.73 million and an astonishing profit margin of 234%. This whale had withdrawn 7,740.5 AAVE from Bybit on August 12th, when the price of AAVE was only $95.7, with a total value of approximately $740,000. This time, the whale chose to cash out at the peak of AAVE's price at $314.3, successfully capturing the opportunity of AAVE's significant price surge and reaping substantial rewards. This event once again highlights the high volatility and coexistence of opportunities and risks in the cryptocurrency market, and has also sparked market attention towards the future trend of AAVE.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
AAVE price surged significantly
On-chain whales cashed out with substantial profits
Whales withdrew AAVE on Bybit and sold at a high price on-chain, realizing a 234% profit
Whale's cash-out behavior may have some impact on AAVE price
On-chain analysts are monitoring whale trading behavior to gain insights into market trends