A wallet suspected to belong to an Aave team member sold 50,000 AAVE over the past week, exchanging it for 8 million USDC.

BlockBeats news, October 2nd, according to Ember monitoring, an address suspected to be a member of the Aave team has successively sold 50,000 AAVE over the past week, exchanging for 8 million USDC at an average price of $160. This address had previously received 108,000 AAVE from the Aave Team wallet vesting between October 2020 and October 2021. Currently, this address still holds 30,000 AAVE, worth approximately $5.5 million.