DeFi· ★★★· bearish·

Institution moves 156,690 AAVE worth $22.86M after a year of inactivity

  • —156,690 AAVE worth about $22.86 million moved
  • —62,000 AAVE already deposited to exchanges
  • —Wallet had been inactive for over a year
  • —Transfer flagged by on-chain analyst @lookonchain
Why it matters: The return of a large dormant position to circulation could add selling pressure on AAVE and shift holder sentiment.
Source: Coinfomania