#Whale enters AAVE#

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Overview

Recently, a whale has shown significant activity in the AAVE market. This whale deposited 19,001 AAVE (worth $6.5 million) into Binance 7 hours ago at a price of $342, expecting a profit of $4.93 million. This whale withdrew 89,109 AAVE from Binance on June 23, 2024, at a price of around $82.55, worth approximately $7.36 million. Currently, the whale still holds 70,108 AAVE, worth about $23.65 million, with an estimated total profit of $22.8 million, representing an increase of over 309%. This indicates that the whale is optimistic about the future of AAVE and may continue trading activities in the near future.

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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 (US$6.5 million) to Binance at an average price of US$342, expecting a profit of US$4.93 million. This whale withdrew 89,109 AAVE (approximately US$7.36 million) from Binance on June 23, 2024, through 2 wallets at an average price of about US$82.55. Currently, the whale still holds 70,108 AAVE (US$23.65 million), with an estimated total profit of US$22.8 million (+309%). Arkham monitoring shows that the whale withdrew 39,500 AAVE from OKX on June 23, 2023, which was worth about US$3.25 million at the time, and has now made a profit of over US$10 million. This series of operations indicates that the whale is optimistic about the future trend of AAVE and may continue to operate in the future, which will have a certain impact on the price trend of AAVE.

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Whales are arbitrage trading on AAVE and making huge profits.

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Whales are trading AAVE through Binance and making profits.

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Whales' trading activities on AAVE may have an impact on market prices.

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Whales' trading activities may indicate the future trend of AAVE.

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