Whale Sells 230,350 AAVE, Causing ~10% Price Drop

iconKuCoinFlash
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
Whale movement triggered a sharp crypto price decline as a major AAVE seller (0xa92...611e) offloaded 230,350 tokens in 3 hours. The whale converted the tokens into 5,869.46 stETH ($17.52 million) and 227.8 WBTC ($20.07 million). AAVE’s price dropped roughly 10% following the large-scale sell-off. Whale movement remains a key factor in crypto price volatility.
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.