#Whale enters AAVE#

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Hot Topic Overview

Overview

Recently, a whale made a large-scale transaction on AAVE, attracting market attention. The whale deposited 19,001 AAVE into Binance 7 hours ago at a price of $342, expecting a profit of $4.93 million. This whale had withdrawn 89,109 AAVE from Binance on June 23, 2024, at a price of approximately $82.55. Currently, the whale still holds 70,108 AAVE, with an estimated total profit of $22.8 million, representing a 309% increase. This event indicates that the whale is bullish on AAVE and may drive the price of AAVE up.

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Analysis

Recently, a whale deposited 19,001 AAVE (worth $6.5 million) into Binance at a price of $342, allegedly making a profit of $4.93 million within 7 hours. This whale previously withdrew 89,109 AAVE from Binance on June 23, 2024, through two wallets at a price of approximately $82.55. Currently, the whale still holds 70,108 AAVE (worth $23.65 million), with an estimated total profit of $22.8 million, representing a 309% increase. This event has drawn market attention to AAVE, with some analysts suggesting that the whale's entry could signal an upcoming price surge for AAVE. However, other analysts point out that whale actions do not necessarily represent market trends, and investors should exercise caution.

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Classic Views

Whales bought AAVE at a low price and sold it after the price rose, making a huge profit.

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Whales are optimistic about the future price trend of AAVE and expect its price to continue to rise.

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The entry of whales may drive up the price of AAVE and attract more investors.

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The trading behavior of whales may indicate the future trend of AAVE, which is worth paying attention to by investors.

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