Whale 0x8d8 just sold all 31,563 AAVE ($4.51M) at an average price of $143, including:

• sold 6,314 for 889,950 USDT on chain;

• retrieved 25,249 AAVE ($3.62M) from Aave and deposited it to Binance.

• transaction 1: 0x7729a39427c0f04b99e28e4443faca6e9b80f7d94b5b4a7f2b1104fe9db0b2b3
• transaction 2: 0x7388abc06f1b8a149da99a7064ae56db681950d54f6f8f4c0f451be90c8298ba
• address: 0x8d8b3010808e0864ec3392b5fdcc192497787f8b

Notably, this whale withdrew those AAVE tokens from Binance at only $94.6 (estimated cost: $2.99M) on July 2, 2024. After the above sales, the whale realized an estimated total profit of $1.52M (+50.9%).

Nonetheless, whale "0x8d8" deposited AAVE to Binance via the same deposit address as another whale "0x495", who currently has an estimated total loss of $673K (-12.9%) from AAVE, with 10,665 AAVE ($1.51M) still in its wallet. These two whales may belong to the same person.

• other whale: 0x495efc351e6b99342fab15a32971cc1deed3614d
• shared Binance deposit address: 0x8005a54a241e0a413cd23b3449b87fa6b1ccca2f

Fig 1. The overall AAVE trading history of Whale 0x8d8.

Fig 2. The overall AAVE trading history of Whale 0x495.