Whale withdraws 39,018 AAVE worth $6.2M from Kraken
- —Whale deposited $5.97M USDC to Kraken 5 hours before the withdrawal
- —39,018 AAVE worth $6.2M left the exchange 3 hours later
- —The transactions were flagged by on-chain analyst Yujin
Why it matters: Pulling a large AAVE position off an exchange reduces available supply and may point to accumulation.
Source: PANews