Huo Xing Finance reports, according to on-chain analyst Yujin, the institution that holds positions in both Aave and Worldcoin has 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 last two days, this institution may have sold approximately $45.38 million worth of tokens, including 35.1 million WLD valued at $17.06 million, 6,000 ETH valued at $14.4 million, and 97,000 AAVE valued at $13.92 million.
Institutional investor sells $45.4M in WLD, AAVE, and ETH across multiple CEXs
MarsBitShare
Summary
Institutional adoption has surged as a major investor sold $45.38 million worth of WLD, AAVE, and ETH over the past two days. The seller transferred 35.1 million WLD, 6,000 ETH, and 97,000 AAVE to multiple centralized exchanges. In the last 24 hours, an additional 16.1 million WLD and 35,000 AAVE were also moved. ETH activity underscores the scale of this sell-off, with Ethereum representing a significant portion of the total disposal.
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