#Whale enters AAVE#

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Overview

Recently, a whale has made a series of moves 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. Previously, the whale withdrew 89,109 AAVE from Binance on June 23, 2024, at a price of around $82.55. Currently, the whale still holds 70,108 AAVE, with an estimated total profit of $22.8 million, representing an increase of over 309%.

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Analysis

Recently, a whale has been making a series of moves in the AAVE market, attracting market attention. According to Spot On Chain monitoring, 7 hours ago, a whale deposited 19,001 AAVE to Binance at an average price of $342, expecting a profit of $4.93 million. This whale withdrew 89,109 AAVE from Binance on June 23, 2024, through 2 wallets at an average price of about $82.55, and now still holds 70,108 AAVE, with an estimated total profit of $22.8 million, an increase of over 309%. Arkham monitoring shows that the whale transferred 19,000 AAVE to Binance Deposit at 2:45 UTC+8, worth about $6.48 million. Currently, the whale still holds 20,500 AAVE, worth about $6.92 million. The whale withdrew 39,500 AAVE from OKX on June 23, 2023, worth about $3.25 million at that time, and has now made a profit of over $10 million. These operations indicate that the whale is optimistic about the future trend of AAVE and may continue to make relevant operations in the future.

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Classic Views

Whales bought AAVE at a low price and profited after the price rose.

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Whales traded through Binance, possibly leveraging the platform's liquidity advantage.

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Whale trading activity may have an impact on the price of AAVE.

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Whale trading strategies may be worth considering for investors.

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