An Address Accumulated 28,619 AAVE From Binance
According to data monitored by Spot On Chain, about 20 minutes ago, an address starting with 0x355 accumulated 28,619 AAVE (worth $2.51 million) from Binance at a price of $87.86. This address is very bullish on AAVE and has accumulated 152,964 AAVE (worth $12.9 million, average price: $84.37) from Binance in the past 12 hours. The current holding is 236,779 AAVE ($20.88 million), making this address the 11th largest holder of AAVE.
A Whale Withdrew More Than 61,000 AAVE From Binance, Becoming the Largest Individual/Institutional Address of AAVE
October 24th, based on on-chain data analysis by Yu Jin, within the past hour, a whale address withdrew 61,764 AAVE (approximately $5.43 million USD) from Binance, becoming the largest individual/institutional AAVE address (excluding contract, CEX, and project addresses). The address currently holds a total of 236,779 AAVE (approximately $20.82 million USD) with an average price of $74.5 USD per coin.
A whale address withdrew 91,200 AAVE from Binance, becoming the second largest individual/institutional address in AAVE
As monitored by Whale Alert, a certain whale address withdrew 91,200 AAVE (worth approximately 7.6 million US dollars) from Binance half an hour ago. Currently, this address holds a total of 175,014 AAVE, making it the second largest individual/institutional address of AAVE (excluding contract, CEX, and project addresses). This whale had withdrawn AAVE once before in early January this year, with an average withdrawal price of 70 US dollars.
Aave community proposes to introduce user aTOKEN as a voting mechanism Userocracy
Aave community proposed to introduce user aTOKEN as a voting mechanism Userocracy at the official governance forum. The protocol states that the current problem with Aave DAO is that Aave token holders have all ownership and voting rights, while protocol users have no voting rights. This is a kind of financial oligarchy, where early Aave owners and holders continuously increase their voting rights. Users are the most valuable asset of the protocol. Aave users have no voting rights, and their capital is at risk in the protocol. It is proposed to modify the DAO, where:
- 50% of the voting rights belong to Aave token holders
- 50% of the voting rights belong to users, such as aTOKEN holders (including debt and collateral).
Aave Now Supports Redeeming Tokens Directly on the Web Page
On October 20th, Aave loan agreement now supports directly exchanging tokens (Switch Tokens) on the website.
Aave community proposal proposes stEUR as a pure collateral asset on the Aave V3 Ethereum pool
According to the official governance forum, a new Aave community proposal suggests adding stEUR as a pure collateral asset on the Aave V3 Ethereum pool. stEUR represents pledged agEUR, which is a decentralized stablecoin pegged to the euro minted by the Angle Protocol.
A Whale That Is Long the ETH/BTC Exchange Rate Has a High Liquidation Risk on Aave, With a Health Score of 1.06
According to user @ai_9684xtpa, who is monitoring the ETH/BTC exchange rate, a whale that is continuously buying ETH/BTC has a health score of 1.06 on Aave, indicating a high risk of liquidation.
Gauntlet launches a proposal in the Aave community to increase the supply cap of Ethereum in v3
Gauntlet has initiated a proposal to change the borrowing and supply limits for Ethereum in v3 within the Aave community. According to Gauntlet's supply and borrowing limit methods, the proposal suggests increasing the WSTETH supply limit to 1.1 million and increasing the BAL supply limit to 700,000 on Ethereum v3.
A Whale Transferred 7,416 ETH to Binance for Sale, and Withdrew USDT to Repay the Loan on Aave
According to on-chain analyst Yu Jin, a whale transferred 7,416 ETH (approximately $11.64 million) to Binance for sale last night, and then withdrew 12.34 million USDT to repay the loan on Aave. The whale had leveraged long on ETH from June 12th to July 5th: borrowed 18.9 million USDT from Aave by mortgaging ETH, transferred it to Binance, and then withdrew 10,460 ETH at an average price of $1,806. This leveraged long on ETH resulted in a loss of about $1.22 million (-6.5%).
An address transferred 16,816 AAVE to Binance
As monitored by on-chain analyst Yu Jin, 8 minutes ago, an address transferred 16,816 AAVE ($1.07 million) to Binance. These AAVE were withdrawn from Binance to this address on 9/17 at an average price of $60. If sold, the owner will realize a profit of $60,000 (+6%).
