#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 withdrew 7740.5 AAVE from Bybit on August 12th, when the price of AAVE was only $95.7, and he sold it at $314.3 15 minutes ago, successfully capturing the price surge of AAVE and making a huge profit.
Ace Hot Topic Analysis
Analysis
Recently, the on-chain whale "osushidaisuki.eth" cashed out AAVE for millions of dollars within 15 minutes, attracting market attention. The whale withdrew 7740.5 AAVE from Bybit on August 12, when the price of AAVE was only $95.7. However, 15 minutes ago, he sold these AAVE at $314.3, making a profit of $1.73 million, an increase of 234%. This event suggests that some large investors may have anticipated the rise in AAVE prices and made huge profits by laying out their positions in advance.
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 through Bybit
and sold at the peak price
earning a profit of 234%
The cash-out behavior of on-chain whales may have some impact on the AAVE price
The whales' cash-out behavior has drawn market attention to the price trend of AAVE