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AAVE Up 16% After Whale Withdraws 140,100 Tokens From Binance 4m ago by coinedition.com

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Lookonchain revealed that a whale withdrew a total of 140,100 AAVE from Binance over the past two days.

At press time, AAVE was worth $102.90 after its price was able to climb by 16+% in just 24 hours of trading.

Aave recently decided to temporarily suspend trading in several of its markets after reports of an issue on the Aave Protocol.

Yesterday, the on-chain analytics platform, Lookonchain, shared in an X post that a whale withdrew 70,100 Aave (AAVE) from Binance. The withdrawn AAVE tokens were worth about $6.9 million. Lookonchain also stated that this whale activity was likely behind the almost 8+% rise in AAVE’s price at that time.

Earlier today, the analytics platform shared in another X post that the whale decided to withdraw another 70,000 AAVE, worth $6.93 million, from Binance. In total, the whale has now withdrawn 140,100 AAVE from Binance, leaving them with $13.88 million in AAVE tokens.

The whale withdrew another 70,000 $AAVE($6.93M) from #Binance 5 mins ago.

And has withdrawn a total of 140,100 $AAVE($13.88M) from #Binance in the past 24 hours.https://t.co/t0C1PjdqKM pic.twitter.com/vg21VK2NLg

— Lookonchain (@lookonchain) November 7, 2023

The post AAVE Up 16% After Whale Withdraws 140,100 Tokens From Binance appeared first on Coin Edition.