Markets· ★★· bullish·

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