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TechFlow, June 5 — According to on-chain analyst Yujin's monitoring, 20,000 AAVE tokens (worth $5.45 million) were transferred from Aave founder Stani.eth's address to a ParaFi Capital address and entered Coinbase Prime eight hours ago. There are several possibilities:
· The founder OTC'd part of the tokens to an institution;
· These tokens belong to the institution but were previously held in the founder/team address;
· The address label is incorrect.
According to on-chain analyst Yujin's monitoring, 20,000 AAVE (5.45 million USD) were transferred from Stani.eth, the Aave founder's address, to a ParaFi Capital address, and then entered Coinbase Prime 8 hours ago. There are several possibilities: · The founder OTC'd part of the tokens to an institution; · These are institutional tokens that were previously held in the founder/team address; · The address label is incorrect.
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