Massive AAVE Transfer: Investor Deposits $6.48 Million in Tokens to Binance

In a recent analysis by OnchainDataNerd, significant movements within the crypto sphere have been identified. Notably, an address known as 0x97d transferred a substantial 19,000 AAVE tokens, valued at approximately $6.48 million, to Binance just 14 hours ago. This account initially amassed 39,470 AAVE tokens at an average acquisition price of $82.44 seven months prior. Should the holder liquidate their AAVE now, they would realize an impressive profit of around $3.22 million. The address maintains a remaining balance of 20,470 AAVE tokens, equating to $7.01 million in unrealized gains. Additionally, the investor has a history of trading MKR tokens, having sold 2,561 MKR at a loss, amounting to approximately $1.3 million. This highlights both the risks and potential rewards of active crypto trading.