COINOTAG News, in a December 3 report, cites Onchain Lens data showing a prominent whale movement in AAVE across DeFi venues.
The wallet withdrew 17,779 AAVE tokens, valued at roughly $3.3 million, from Kraken and redeployed the assets into Aave V3, signaling a shift from exchange custody to protocol liquidity.
Across the observed trail, the address has accumulated a total of 310,617 AAVE tokens, about $59.34 million, underscoring a large-scale position-building within the DeFi space.
Such moves could influence near-term liquidity dynamics and reflect disciplined capital reallocation within the AAVE ecosystem.
Source: https://en.coinotag.com/breakingnews/aave-whale-deposits-59-34m-into-aave-v3-after-withdrawing-3-3m-from-kraken
