AAVE Whale Moves $5M to FalconX After Huge Gains
A whale with $12M in AAVE profits just deposited $5M worth to FalconX, continuing strategic moves after months of inactivity.
- Whale deposited 30,001 AAVE ($5.01M) to FalconX.
- Total deposits since March 19 reach 73,501 AAVE.
- Estimated profit stands at $12.46M (+87%).
A prominent AAVE whale has made headlines again by transferring a hefty 30,001 AAVE tokens, valued at $5.01 million, to FalconX. This comes shortly after the whale resurfaced on March 19, following a four-month hiatus. Since its return, the whale has now deposited a total of 73,501 AAVE tokens worth approximately $12.51 million.
This flurry of activity signals a strong move toward liquidity or potential repositioning in the market. The average deposit price of these transfers stands at $170.13, reflecting strategic timing amid market fluctuations.
$12M in Profits and Still Holding Strong
Despite the substantial offloading to FalconX, this whale still retains 37,425 AAVE tokens, valued at around $6.23 million. What’s notable is the impressive performance of the whale’s AAVE holdings — a total estimated profit of $12.46 million, reflecting an 87% return on investment.
These figures not only highlight sharp trading acumen but also raise questions about the whale’s next move. Will the remaining tokens be sold, staked, or moved into new DeFi positions?
What This Means for AAVE and FalconX
The continued activity of this whale sheds light on the growing relevance of FalconX as a go-to platform for high-value crypto transactions. For AAVE, it reflects renewed interest from big players, potentially impacting price momentum and market confidence.
Traders and analysts may want to watch closely — large whale actions often precede or trigger significant market shifts. Whether this is a sign of profit-taking or deeper strategic moves remains to be seen.
Read Also :
- PayPal Adds SOL and LINK for U.S. Customers
- Aptos Partners With Google, NEAR Rallies 23.9%, But BlockDAG’s Keynote 3 Is All About What’s Already Working
- BitSwapix Secures Strategic Investment, Completes Security Audit, and Implements Long-Term Token Vesting
- Trump Says Elon Musk to Step Down Soon
- Justin Sun Bails Out TUSD After $500M Fraud Hole
