Four Giant Cryptocurrency Whales Make Big Transactions, Altcoin Founder Sells Out: Here’s Onchain Data

Cryptocurrency whales continue to make waves in the altcoin market with a series of significant transactions. Here are some notable moves:

Aave founder Stani Kulechov sold 5.5k AAVE for 563.96k USDC at an average price of $102.5. These tokens were purchased 24 days ago from gnosissafeproxy at an average price of $97.04. Over the past 5 days, Kulechov sold a total of 10.5 thousand AAVEs, equivalent to $1.09 million, at an average price of $103.59.

Abraxas Capital Management (Heka Funds) withdrew 1.5 thousand ETH (worth $3.87 million) from Binance. In total, they withdrew 17.22 thousand ETH (worth $44.45 million) from centralized exchanges in 10 transactions in the last 3 days.

The wallet currently holds 3.54 million MATIC (worth $2.99 million).

However, another fresh whale identified with the short address 0x043 also withdrawn a large amount of ETH from central exchanges. Whale wallet withdrew a total of $59.26 million in ETH from Coinbase wallets in three transactions. The cryptocurrency whale, who did not touch the coins he withdrawn, still holds ETH worth $ 59.26 million.

*This is not investment advice.