Activity among Aave’s largest holders has surged, with last week witnessing 3,310 transactions exceeding $100,000 in $AAVE —the highest weekly total since 2022. This heightened activity suggests a renewed focus on the token by major players. Blockchain Capital, a prominent holder of $AAVE, has also made significant moves. Following its initial sale of $ENS on November 30, the firm today transferred out $AAVE for the first time. Specifically, 16,964 $AAVE tokens, worth approximately $5.04 million, were sent to FalconX, an institutional trading brokerage, just four hours ago. Blockchain Capital 在 11/30 首次出售 $ENS 后,今天又首次转出了 $AAVE :他们在 4 小时前将 16,964 枚 $AAVE ($5.04M) 转进 FalconX (机构交易经纪平台)。 他们在 2020/10-2023/3 期间累计囤积了 23.3 万枚 AAVE ($21.94M),均价 $94。目前 AAVE 已经上涨至 $314,他们的 AAVE 浮盈高达 $5131 万。… https://t.co/jpgyp5xyiq pic.twitter.com/STMzJYUAzN — 余烬 (@EmberCN) December 12, 2024 Blockchain Capital’s involvement with $AAVE dates back to October 2020, with the firm accumulating 233,000 tokens at an average price of $94 per token between then and March 2023. With $AAVE now trading at $314, the firm’s floating profit on this position has reached an impressive $51.31 million. Despite today’s sale, Blockchain Capital continues to hold a sizable position of 216,000 $AAVE, valued at $67.12 million. Aave whales are stirring. Last week saw 3,310 transactions exceeding $100k in $AAVE , the highest weekly number since 2022 pic.twitter.com/XEg7Am7RIc — IntoTheBlock (@intotheblock) December 12, 2024 This activity underscores a broader trend of rising interest in $AAVE among whales and institutional investors, potentially fueled by the token’s strong price performance. As $AAVE continues to climb, the actions of major holders like Blockchain Capital could play a pivotal role in shaping market dynamics. Investors may want to keep a close eye on whale movements, as they often signal key shifts in market sentiment and liquidity flows. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! Image Source: skorzewiak/ 123RF // Image Effects by Colorcinch