👀 What are Wintermute, Whale, and Smart Money currently doing with $AEVO ? 🔽
- Based on data from iCrypto.ai, when a large amount was swapped from $RBN to $AEVO, two Smart wallets started buying in the 0.77~0.81 price range. These 2 buy orders from this group are a good sign, as only large selling in the last month.
- Whale 0x78af 🐳 withdrew 21.08M $RBN ~ $19.66M from Coinbase 19 hours ago, then migrated the entire amount to $AEVO with a balance of -$5.05M compared to the price 24 hours ago --> Need to continue observing the actions of this wallet:
0x78af7d606ab0a05b457a9f33ed0d5ddc731ee2c3
- Wintermute also exchanged 2.5M $RBN --> 2.5M $AEVO yesterday, and also deposited a portion to the Binance exchange this morning.
Wintermute currently still holds $753.69K AEVO and $1.83M RBN.
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📌 "No deadline or limitations to make the swap", and the current price difference between the two tokens is still small --> It's very easy to arbitrage between these two tokens.
📌 Community is worried that the AEVO price chart will take a very long time to recover, as it may be similar to the RBN price chart (both -80% from ATH).
However, all #fud news can be the foundation for the price increase of these tokens.
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Currently, a large portion of AEVO tokens are held by the project's development team and lead investors, what do you guys think about this token?
