Whales Scoop Up $3.92M Worth of Aave as Price Soars 42%
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Significant Whale Movements
According to Lookonchain, two major whale addresses have been making significant moves. One whale, identified as "0x3737," used 813 ETH (valued at $2.18 million) to purchase 17,690 Aave tokens at $123 each. This same whale holds a substantial amount of PEPE tokens—3.56 trillion, worth around $28.4 million—with a profit exceeding $28 million. Another whale, known as "0x1D15," withdrew 13,717 Aave tokens from Binance, bringing their total holdings to 19,373 Aave tokens, valued at $2.45 million.
Aave's Ongoing Momentum
Aave's recent performance has outshined major digital assets like Bitcoin and Ether, which have seen price drops of 10% and 25%, respectively. The launch of Aave V3 on the Era Mainnet, integrating with Chainlink for secure and reliable price feeds, has further fueled the token's momentum. With Aave's price currently averaging $137.78 and its 24-hour trading volume up by 15% to $388 million, investor interest continues to rise as the platform expands its capabilities.