The Reason for the 12 Percent Increase in Altcoin Has Been Revealed: 7 Million Dollar Purchase from Binance!

A cryptocurrency whale attracted attention by purchasing a large amount of Aave (AAVE).

The target of the whales this time is the decentralized finance (DeFi) protocol Aave’s native cryptocurrency happened. Reported by on-chain analysis platform Lookonchain to data according to 6 November The whale that took action today is from the cryptocurrency exchange Binance $6.9 million worth 70 thousand 100 AAVE He bought it and withdrew it into his private wallet.

Lookonchain, what happened in AAVE today 12% increase He said that might be the reason. According to CoinGecko data, AAVE price moved in the early hours of November 6, $87.80 from level for $99.07 reached.

In the wallet of the whale that was the subject of the news 6.9 million except dollar AAVE only Ethereum (ETH) at $181 is available. According to the data, the whale passed October more than $1 million from Binance by the end of the month Unifi Protocol DAO (UNFI) He bought and sold all of these assets by sending them back to Binance a short time later.


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