Whale 0x808 just transferred 21,515 AAVE ($2.04M) to Cumberland, allegedly selling the tokens via OTC:

• transaction: 0x9adf920a5e5e280745ca13793765afb79e5e0720cbd3aa590752326425294fa2
• address: 0x80845058350b8c3df5c3015d8a717d64b3bf9267

Notably, the whale is gaining a massive profit of $12.14M from AAVE thanks to being an early holder:

• bought 12.5M LEND (the old token of AAVE) with 500K USDC at only $0.04 on May 6, 2020, via wallet 0x7d439999e63b75618b9c6c69d6efed0c2bc295c8;
• migrated the 12.5M LEND to 125,000 AAVE on December 17, 2021, and further received 5,862 AAVE from Aaave Ecosystem Fund in 2023;
• has allegedly sold 52,437 AAVE at $98.97 on average ($5.19M) via Uniswap and Cumberland between January 27, 2023, and now, realizing $5.19M (+2,473%) in profit;
• now still holds 78,485 AAVE ($7.45M), with another $6.95M in unrealized profit.

Fig 1. Whale 0x808 bought 12.5M LEND ($500K) at only $0.04 on May 6, 2020, via wallet 0x7d4.

Fig 2. Whale 0x808 has allegedly sold 52,437 AAVE at $98.97 on average ($5.19M) since January 27, 2023.