A whale transferred 100,000 AAVE to Binance half an hour ago, which is approximately worth $8.36 million.

BlockBeats reported on February 2nd that, according to on-chain analyst Yu Jin's monitoring, half an hour ago, a whale transferred the last 100,000 AAVE tokens (worth $8.36 million) in their address to Binance. This whale had transferred a total of 363,995 AAVE tokens (worth $30.9 million) to Binance in a day and a half. This may be the reason for AAVE's recent poor price performance. These AAVE tokens were withdrawn by the whale from Binance in November 2023 at an average price of $98.8. However, the current price of AAVE is $83, which means that the whale's investment in AAVE this time may have lost up to $5.05 million (-14%).