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

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Hot Topic Overview

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 up to $1.73 million, with a profit margin of 234%. The whale withdrew 7,740.5 AAVE from Bybit on August 12th, when the AAVE price was only $95.7. This cash-out was chosen when the AAVE price reached $314.3, demonstrating its accurate judgment of market trends and keen market sense.

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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 these AAVE at $314.3 15 minutes ago, earning a profit of 234%, totaling $1.73 million. This cash-out behavior has sparked speculation in the market about the price trend of AAVE. Some analysts believe that this may signal a pullback in the AAVE price, while others believe that this is just a personal operation of the whale and will not have a significant impact on the long-term trend of AAVE.

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Classic Views

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 and chose to sell at price highs, demonstrating precise market operations

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Whale cash-out behavior may cause short-term fluctuations in AAVE price

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On-chain whale cash-out behavior has sparked market attention on AAVE price trends

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