COINOTAG News reports that on April 1st, monitoring from Spotonchain indicates a significant movement in the cryptocurrency market. A prominent whale has executed a deposit of 30,001 AAVE into FalconX, representing a substantial investment valued at $5.01 million. This latest transaction adds to the whale’s cumulative deposits, totaling 73,501 AAVE since March 19th, equating to $12.51 million at an average acquisition price of $170.13.
The whale’s current holding consists of 37,425 AAVE, currently valued at $6.23 million. This strategic accumulation has resulted in an impressive estimated profit of $12.46 million, reflecting a significant appreciation of approximately 87% in value. Such movements underscore the ongoing interest and confidence within the crypto community, particularly in the performance of decentralized finance tokens like AAVE.