Whale Nets $1.46 Million Profit with Major AAVE Token Transfer to Binance

According to COINOTAG News on March 20th, a significant transfer was executed as a whale moved 44,700 AAVE tokens, amounting to approximately $8.18 million, to Binance just two hours ago. This transaction reflects a remarkable $1.46 million profit realized from their prior investments in AAVE. The whale had strategically acquired 43,800 AAVE tokens between August and November 2024 through on-chain activities on Binance, with an average accumulation cost of $150.40 per token. Following today’s transfer, with AAVE’s price standing at $183, the whale successfully achieved a profit margin of 22% on their holdings. Such large-scale transfers not only highlight the growing interest in AAVE but also indicate broader market trends that investors should monitor closely.