Does Flowtrader have unusual activity with
$AAVE ? 💸
Recently, about 3 hours ago,
#Flowtrader made a large transaction, transferring 2.789 AAVE, equivalent to approximately 400,000 USD, to the exchange platform
#Bybit . Notably, this amount of tokens was received by Flowtrader from the 21Shares fund just 4 days prior. 🤔
The fund
#21Shares is currently managing the AAVE ETP product, and this move may be a signal that 21Shares is proceeding to sell
#OTC (over-the-counter trade) or distribute through Flowtrader. 🔄
Note: ETP (Exchange-Traded Product) in the cryptocurrency field refers to financial products traded on stock exchanges, allowing investors easy access to the cryptocurrency market without having to directly own the coins. ETP products can be ETFs (Exchange-Traded Funds), ETNs (Exchange-Traded Notes), or ETCs (Exchange-Traded Commodities). 🚀
#bearishmomentum