According to on-chain data, four major crypto whales have collectively cashed out $12.7 million in profits from their AAVE and UNI holdings over the past 48 hours, highlighting significant profit-taking activity amid recent market movements.
AAVE Whale Activity
Whales Identified: Wallet addresses “0x991” & “0x97d,” which are suspected to belong to the same entity, transferred 41,469 AAVE (valued at $14.7 million) to Binance within the last 40 hours.
Profit Realized: The whales have secured a staggering $11.3 million profit, marking a 330% increase on their investment.
Remaining Holdings: Despite the large sell-off, they still hold 28,639 AAVE valued at $10.2 million, with $7.86 million in unrealized gains.