#On-chain whales cash out AAVE, netting millions of dollars.#

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Overview

Recently, on-chain whale "osushidaisuki.eth" cashed out 7,873.7 AAVE in 15 minutes, exchanging them for 2.475 million USDC, earning a profit of $1.73 million, with a profit margin of 234%. The whale withdrew 7,740.5 AAVE from Bybit on August 12th, when the price of AAVE was only $95.7. He sold it at $314.3 just 15 minutes ago, successfully capturing the price surge of AAVE and gaining huge profits.

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Analysis

Recently, on-chain whale osushidaisuki.eth cashed out AAVE within 15 minutes, earning $1.73 million, attracting market attention. The whale withdrew 7740.5 AAVE from Bybit on August 12, when the AAVE price was only $95.7. Subsequently, he sold this batch of AAVE at $314.3 15 minutes ago, earning a profit of 234%, totaling $1.73 million. The rapid profit from this transaction indicates that the whale had an accurate judgment of the AAVE price trend and successfully utilized market fluctuations to gain huge profits. This event also reflects that in the cryptocurrency market, the movements of whales often have a significant impact on the market, and investors need to closely monitor market dynamics and make investment decisions cautiously.

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AAVE price surged significantly

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On-chain whales cashed out with substantial profits

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Whales withdrew AAVE through Bybit

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and quickly cashed out at the peak price

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Whales made a profit of $1.73 million in 15 minutes

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with a return rate of 234%

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On-chain analysts are paying attention to whale trading behavior

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and analyzing their profit strategies

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