Whale Accumulates Tens of Millions of Dollars in 2 DeFi-Focused Altcoins from Binance!

A newly opened cryptocurrency wallet’s recent investment of millions of dollars in decentralized finance (DeFi) projects attracted attention.

Reported by on-chain analysis platform Lookonchain to data According to a newly opened cryptocurrency wallet, a large amount of money has been deposited in the last 2 days. Maker (MKR) And Aave (AAVE) he bought.

Cryptocurrency exchange purchases Binance whale wallet, which makes a total of $7.6 million worth 74,250 AAVE And $6.8 million worth 4,802 MKR added.

In the whale’s wallet, apart from AAVE and MKR assets, only $2,200 worth 0.99 Ethereum (ETH) is available. These purchase transactions were interpreted as investors having bullish expectations specifically for DeFi projects.

According to CoinGecko data, AAVE has increased in the last 24 hours. 4.2% While MKR is falling 1.7% depreciation lived. AAVE at the time of writing 99 from dollar to MKR from $1,394 is being traded.


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