A cryptocurrency whale with a large amount of Aave tokens has been making some big moves over the past few weeks.
According to data from LookOnChain, a platform that tracks major crypto transactions, this whale deposited Aave 80,870 ($6.4 million) on major crypto exchange Huobi seven hours ago.
However, it appears that the whale did not sell Aave on Huobi, but instead transferred the same amount to another exchange, Binance, six hours ago.
Interestingly, this isn't the first time the whale has moved large quantities of Aave to exchanges. Twenty days ago, on June 25, the same whale had withdrawn 108,961 Aave ($8.22 million) from Binance in 30 minutes. In addition, the whale withdrew 7,466 Maker ($4.72 million) from Binance on June 1, when the price was $ 632.
However, we see that the price of AAVE is not much affected by this whale's transaction. At the time of this writing, the AAVE token is trading at $81.44, up 0.76% in the last 24 hours.
*Not investment advice.
