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2025-04-02 05:28:06

Whale, Who Made $12 Million Profit on This Altcoin, Starts Selling Again

According to cryptocurrency onchain data, a major cryptocurrency whale continues to sell large amounts of altcoins. According to data provided by Spot On Chain, a crypto whale transferred 30,001 Aave (AAVE) tokens worth approximately $5 million to a centralized cryptocurrency exchange. The whale made over $12 million in profit from this AAVE position. After a four-month dormancy, the whale wallet returned to the market on March 19, transferring 73,501 AAVE tokens worth $12.51 million to one of the centralized cryptocurrency exchanges. At the time of this transfer, the AAVE price was at an average of $170.13. At the time of writing, the AAVE price is trading at around $167. Related News: Critical Day is Very Close: Chinese Analyst Shares the Latest on Bitcoin and Altcoins Ahead of Donald Trump's Tariff Announcement However, the whale wallet did not completely dump its AAVE tokens. Onchain data shows that the crypto whale still has 37,425 AAVE in his wallet, worth $6.23 million. The giant whale has made a total profit of $12.46 million, or 87%, from this position so far. *This is not investment advice. Continue Reading: Whale, Who Made $12 Million Profit on This Altcoin, Starts Selling Again

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