Whales are out, is AAVE selling off?

According to Lookonchain monitoring, many whales seem to have started selling AAVE recently, which has attracted market attention. Address 0x7634 withdrew 25,790 AAVE (about 3.39 million US dollars) from Aave in just 50 minutes and quickly deposited it into MEXC. At the same time, address 0x790c was not to be outdone, withdrawing 7,822 AAVE (about 1.04 million US dollars) 3 hours ago and depositing it into Binance.

In addition, Cumberland and Galaxy Digital deposited a large amount of AAVE into OKX and Binance 6 hours and 10 hours ago, respectively, with a total transaction amount of more than 2 million US dollars. The market is volatile, and investors need to remain calm and analyze rationally. 📊