Whale Sold Ethereum While the Price was Dipping, Went for Cash and Bought This Altcoin! - Coin Bulletin

Koinbulteni · 2025-03-29T04:30:59+00:00

A whale recently purchased 20,654 AAVE tokens with 1,906 ETH during a market dip, seen as an opportunistic move. The whale's investment reflects confidence in AAVE's future potential in the DeFi sector.

Koinbulteni

2025-03-29 04:30:59

Abstract generation in progress

Recently, while Ethereum (ETH) and other cryptocurrencies experienced significant get dumped, a whale made a remarkable move

According to data from the on-chain data and analytics platform Lookonchain, today a whale**, spending 1,906 Ethereum (ETH), which is approximately 3.6 million dollars, purchased 20,654 AAVE**. This large purchase can be considered a “opportunistic buy” by investors, as it occurred during a period of downturns in the cryptocurrency market.

According to Coingecko data, Ethereum has got dumped 20% in the last month and is currently trading at 1,876 dollars. In the last 24 hours, there has been a 1.7% drop. A whale took advantage of this situation and redirected their investment to AAVE.

AAVE is known as a strong project in the decentralized finance (DeFi) sector. It can be said that this investment by the whale demonstrates confidence in AAVE’s future potential.

ETH-0,12%

ALD2,07%

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