#Whale enters AAVE#

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Hot Topic Overview

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 This whale had withdrawn 89,109 AAVE from Binance on June 23, 2024, at a price of around $82.55. Currently, the whale still holds 70,108 AAVE, with an estimated total profit of $22.8 million, representing an increase of over 309%. This series of operations has sparked market attention on the price trend of AAVE, and also shows the whale's bullish sentiment towards AAVE.

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Analysis

Recently, a whale made a large-scale transaction on AAVE, attracting market attention. According to Spot On Chain monitoring, the whale deposited 19,001 AAVE to Binance 7 hours ago at a price of $342, worth approximately $6.5 million, with an estimated profit of $4.93 million. This whale had withdrawn 89,109 AAVE from Binance on June 23, 2024, through two wallets at a price of approximately $82.55, worth about $7.36 million. Currently, the whale still holds 70,108 AAVE, worth approximately $23.65 million, with an estimated total profit of $22.8 million, an increase of over 309%. According to Arkham monitoring, the whale withdrew 39,500 AAVE from OKX on June 23, 2023, worth approximately $3.25 million at the time, and has now made a profit of over $10 million. This series of operations indicates that the whale is optimistic about the future trend of AAVE and may continue to trade in the future.

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Classic Views

Whales bought AAVE at a low price and sold it after the price rose, making a huge profit.

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Whale trading behavior may indicate that the price of AAVE will continue to rise.

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Whale trading behavior may cause AAVE price fluctuations.

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Whale trading behavior may affect other investors' investment decisions on AAVE.

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