According to on-chain analyst Onchain Lens (@OnchainLens), a whale has returned to the market after a month, purchasing 11,089 AAVE tokens worth approximately $1.9 million from the Kraken exchange on January 16. The address currently holds 355,093 AAVE tokens, with a total value of $59.15 million, while also carrying $30 million in debt.
Whale Buys 11,089 AAVE Tokens Worth $1.9M on Kraken
TechFlowShare
Summary
Whale activity on Kraken saw a major player purchase 11,089 AAVE tokens worth $1.9 million on January 16. This whale movement marked a return to the market, with the address now holding 355,093 AAVE tokens valued at $59.15 million. The wallet also carries $30 million in debt. Whale activity in the AAVE market remains a key indicator for traders.
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