After a long 3-month period from March to the current stage in June

Binance has accumulated a large amount of $AAVE tokens to the Binance Cold wallet address (0xF97)

Then, one week ago, Binance unexpectedly rotated a huge batch of $AAVE, reaching up to 224k $AAVE ~ 58.86M$ out of this cold wallet and transferred it to the not-so-strange wallet address of $Binance hot (0x28c)

This is a very bad omen for $AAVE because in the past, this action by Binance has never brought a positive outcome for the price of $AAVE

In my next article, I will delve into investigating setup patterns, tricks, and schemes that will be laid out to prepare for a grand drama awaiting us in the coming days with $AAVE

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