Two Whales Sell Nearly 25K AAVE Amid Market Dip, Worth $5.51M

Trending

June 23, 2025 12:45 PM

In Brief:
Whales offloaded 24,936 AAVE, totaling $5.51 million in value.
One address deposited 15,646 AAVE to Binance; another sold 9,290 AAVE earlier.


On June 23, Lookonchain reported that two whale addresses sold a combined 24,936 AAVE tokens amid ongoing market declines, totaling approximately $5.51 million. Wallet 0x1f4A deposited 15,646 AAVE—worth $3.45 million—to Binance roughly 7 hours ago, while 0x8d8B sold 9,290 AAVE 14 hours earlier for $2.056 million. The move comes as AAVE continues to slide alongside broader DeFi sector weakness, down 1.31% in the past 24 hours. Whale activity often signals potential market sentiment shifts and can influence short-term price volatility.

Disclaimer: Backdoor provides informational content only, it is not offered or intended to be used as legal, tax, investment, financial, or other advice. Investments in digital assets involve risk, and past performance does not guarantee future results. We recommend conducting your own research before making any investment decisions.