🐳 In the last 24 hours, a whale from AAVE
transferred 15,646,056.80998051 worth 3.45M$ million dollars to #Binance, expected for selling due to the recent drop 🔻
But the coin is still holding very strong, why?
After the LIDO project had a long-term dominance as the strongest and first project in terms of TVL, AAVE managed to surpass its dominance and became the first with TVL over 22B$ billion dollars 😯
That's why we saw a strong rise recently, reaching a price of 325$ dollars and currently trading at 227$
💡 Information
TVL is the value of the locked currencies on a protocol or project, indicating interest from whales and institutions in the project 🐳
You can monitor TVL on the Defillama website; most DEFI projects are listed there.