On August 22nd, according to Lookonchain monitoring, an early holder of AAVE sold their 12,500 AAVE purchased in 2020 and 2021 (currently worth about $697,000) at a loss.The address had withdrawn 12,612 AAVE from Binance in 2020 and 2021 (valued at $2 million at the time), with an average withdrawal price of $159. Then, 16 hours ago, it was deposited back into Binance, resulting in a loss of approximately $1.3 million.
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An Address Deposited 12,500 AAVE Into Binance 16 Hours Ago, and the Estimated Loss Is About $1.3 Million
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