Keith withdraws Uniswap (UNI) and Aave tokens from Kraken
Cryptocurrency whale is accumulating huge amounts of Uniswap (UNI) and Aave (AAVE), according to online data.
Blockchain tracking company Lookonchain reports that an investor with deep pockets has suddenly spent $4 million to add more UNI, a proprietary decentralized exchange (DEX) asset, and AAVE, a money market protocol, to its stockpile of digital assets.
"The whale company/institution bought AAVE and UNI again [on Tuesday]. He deposited $4 million into [cryptocurrency exchange] Kraken, then withdrew 35,983 AAVE ($3 million) and 123,183 UNI ($1 million) from Kraken. He currently holds 142,296 AAVE ($12.1 million) and 1.43 million UNI ($11.6 million)."
At the time of writing, Aave is trading at $89.61, up 6% in the last 24 hours. Meanwhile, UNI is trading at $8.06 at the time of writing, down slightly for the day.
Lookonchain also reports that Elwood Technologies, a cryptocurrency infrastructure and market data platform founded by billionaire Alan Howard, has suddenly transferred nearly 18,000 Ethereum (ETH) to Binance, the world's largest exchange by trading volume.
"Elwood transferred 17,900 ETH ($54.9 million) to Binance [on July 8]."
At the time of writing, Ethereum is trading at $3,105, up more than 1% in the last 24 hours.
Finally, Lookonchain noticed that cryptocurrency Whale is transferring a huge amount of bitcoins (BTC) to Binance.
"Whale transferred 809 BTC ($45.18 million) to Binance again [on July 8]. Since June 27, he has transferred 7,790 BTC ($468 million) to Binance and currently owns 6,559 BTC ($379 million)."
At the time of writing, bitcoin is trading at $57,465, down slightly over the past 24 hours.