#On-chain whales profit $1.73 million#

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Overview

Recently, an address named osushidaisuki.eth made an AAVE transaction on-chain, selling 7,873.7 AAVE for $314.3, exchanging it for 2.475 million USDC, making a profit of $1.73 million, a whopping 234% increase. This address withdrew 7740.5 AAVE from Bybit on August 12th, when the AAVE price was only $95.7, meaning the address made a huge profit in just 15 minutes.

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Analysis

Recently, on-chain whale osushidaisuki.eth made a profit of $1.73 million by selling 7,873.7 AAVE tokens in 15 minutes, with a return rate as high as 234%. The whale withdrew 7,740.5 AAVE from Bybit on August 12th, when the price of AAVE was only $95.7, with a total value of about $740,000. Subsequently, the whale sold these AAVE at a price of $314.3 15 minutes ago, successfully making a profit of $1.73 million. This event has attracted market attention, with people speculating about the whale's profit strategy and the future trend of AAVE prices.

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On-chain whales have made huge profits in a short period of time by accurately timing their trades.

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AAVE price surged in a short period of time, providing profit opportunities for whales.

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Whales may have used inside information or market analysis to predict the rise in AAVE price in advance.

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Whale trading activity may have some impact on AAVE price.

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