A Whale emptied 2.3 million AAVE in 3 hours, causing the price to Plummet by 10%.

2025-12-22 00:12:10

[BitPush] On-chain large investors are stirring again. A large holder (0xa92…611e) has recently emptied their entire holdings of 230,350 AAVE within the last 3 hours, exchanging them for 5,869.46 stETH (equivalent to $17.52 million) and 227.8 WBTC (equivalent to $20.07 million). This operation has directly impacted the market—AAVE's price has fallen by about 10%. It seems this whale wants to take advantage of the situation to adjust their holdings, swapping AAVE for relatively stable Ethereum derivations and Bitcoin, with a total transaction amount of nearly $37.59 million. Such large liquidity changes often put pressure on coin prices in the short term, especially during periods of insufficient market depth, making the impact even more pronounced.

AAVE-2.63%

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NFTFreezer

· 2025-12-23 15:28

The whale has rug pulled, and AAVE is about to take a hit... I really can't wrap my head around this logic. --- Here we go again, every time the large investors make a move, the coin price has to plummet, and the retail investor dumb buyer persona is set. --- Over 37 million dumped in 3 hours... Alright, my stop loss order might need to take effect. --- stETH and BTC? It seems the large investors also think AAVE is a bit precarious now. --- A 10% plummet is all? I thought it would be more brutal; is the market really that resilient against falls? --- Seriously, why should a whale be able to determine the life and death of an entire coin... it's really disheartening.

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rekt_but_resilient