en.bitcoinsistemi.com
According to a new analysis by the cryptocurrency onchain monitoring service Lookonchain, cryptocurrency whales have significantly increased their focus on some altcoins in recent days.
According to data, giant whales have accumulated $6.47 million from the Aave ($AAVE) token in the last two days.
Explaining some of the most prominent whales, the company pointed out that the whale with the address 0x9af4 collected 11,185 $AAVE tokens worth $ 1.23 million on the cryptocurrency exchange Binance 3 hours ago.
On the other hand, the whale with the short address 0x790c withdrew 21,619 $AAVE tokens worth $2.38 million via Binance 14 hours ago and transferred all of them to the Aave platform. On this platform, users can earn a certain amount of return by providing liquidity.
Finally, the giant cryptocurrency whale with the short address 0xd7c5 withdrew 26,044 $AAVE tokens worth $2.83 million to his cold wallet via Binance 30 hours ago.
Interestingly, $AAVE has diverged positively from the cryptocurrency market, gaining 7% in the last 24 hours. At the time of this writing, it is trading at $110.41.
*This is not investment advice.