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TechFlow reports, according to on-chain analyst Lookonchain, an early AAVE holder has sold at a loss 12,500 AAVE tokens (worth approximately $697,000) originally purchased in 2020 and 2021.
The whale withdrew 12,612 AAVE tokens (worth $2 million at the time) from Binance during 2020 and 2021, averaging an acquisition price of $159 per token. About 16 hours ago, they deposited 12,500 AAVE back to Binance, realizing a loss of approximately $1.3 million.
An early AAVE holder sold at a loss 12,500 AAVE (worth approximately $697,000) purchased in 2020 and 2021. The whale had withdrawn 12,612 AAVE (worth $2 million at the time) from Binance in 2020 and 2021, with an average withdrawal price of $159. Then, 16 hours ago, they deposited 12,500 back to Binance, incurring a loss of approximately $1.3 million.
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