AAVE Whale Sells 7,220 Tokens for UNI and DYDX, Reports $883,000 Profit

On October 22, COINOTAG reported a significant transaction in the cryptocurrency market, with data from Lookonchain highlighting a major whale activity. The individual offloaded 7,220 AAVE, valued at approximately $1.1 million, to strategically acquire UNI and DYDX. Following this sale, the whale’s portfolio revealed they still retain 10,000 AAVE, worth about $1.53 million, generating a profit of around $883,000. In contrast, their holdings include 546,100 UNI, translating to roughly $4.12 million, which has incurred a minor loss of $34,000. Furthermore, the whale possesses 647,630 DYDX, valued at approximately $803,000, reflecting a notable loss of $834,000. These movements illustrate the dynamic trading strategies being adopted by large players in the cryptocurrency arena.