Institutional investor moves 16.1M WLD and 35K AAVE to CEXs in 24 hours

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WLD
$0.4368-6.86%
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AAVE
$133.90-3.01%
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Institutional adoption has surged as a major investor transferred 16.1M WLD ($7.39M) and 35K AAVE ($4.81M) to centralized exchanges within 24 hours. Over the past two days, the same entity may have sold $45.38M in assets, including 35.1M WLD, 6K ETH, and 97K AAVE. The scale of these movements is underscored by ETH-related activity, with Ethereum tokens among the largest transfers. This activity suggests a strategic realignment in portfolio positioning.

Odaily Planet Daily reports, according to on-chain analyst Yujin, institutions that invested in both Aave and Worldcoin transferred an additional 16.1 million WLD, worth $7.39 million, and 35,000 AAVE, worth $4.81 million, to multiple CEXs over the past day.

Over the past two days, the institution may have sold tokens worth approximately $45.38 million, including 35.1 million WLD tokens valued at $17.06 million; 6,000 ETH valued at $14.4 million; and 97,000 AAVE tokens valued at $13.92 million.

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