Whale Transfers 32,415 AAVE to Major CEX, Realizes $1.85M Loss After Year-Long Hold

Gate News message, April 21 — A whale address transferred 32,415 AAVE tokens, worth approximately $3.01 million, to a major CEX four hours ago. The tokens had been held for over one year, originally purchased at an average price of $150 per token.

The whale sold the AAVE at $93 per token, realizing a loss of approximately $1.85 million, representing a 38% decline from the original purchase price. According to on-chain analyst Ember, the tokens were initially withdrawn from the exchange at $150 per token.