Aave Co-Founder Transfers AAVE Tokens to Cumberland for ETH and USDC

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Aave co-founder Stani Kulechov recently transferred a significant portion of his AAVE tokens to Cumberland, indicating a potential shift in his investment strategy and the possibility of increased liquidity for the token in the future.

According to BlockBeats, on September 5, Ember monitoring reported that Aave co-founder Stani Kulechov has transferred a total of 37,907 AAVE tokens to Cumberland since May 24. These tokens were sold in exchange for ETH and USDC at an average price of $119 per token.
The address associated with Kulechov still holds 242,429 AAVE tokens, which are valued at approximately $32.4 million.

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