The whale, which recently sold altcoins at a loss, gave up completely and transferred the remaining LDO and AAVEs to Binance.
According to Lookonchain's post, this whale deposited 3.33 million LDO (worth $5.67 million) and 31,191 AAVE (worth $2.56 million) into Binance.
In previous trading, this whale sold 3.13 million LDO ($5.77 million), 49,771 AAVE ($4.54 million), 269,177 UNI ($2.41 million) and 250,969 FXS ($708 thousand) at a loss yesterday. It led to selling pressure.
These recent movements had dragged down the prices of crypto assets such as LDO, AAVE, UNI and FXS.
This whale had invested more than $73 million in ETH and Ethereum-based altcoins after the SEC approved 19b-4 filings in Ethereum ETFs at the end of May.
In the last 24 hours, the LDO price dropped by 2.4% to $1.68. AAVE price decreased by 6% and started trading at $81.5.
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I EXPLAIN IN DETAIL.
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