Whale Makes Repeat Purchase of $AAVE and $UNI Tokens, Opting for ETH
Once again, a large investor known as a whale has cashed in 18,566 $AAVE and 173,705 $UNI tokens from the renowned cryptocurrency exchange Binance, according to data from Lookonchain, a popular on-chain analytics company. This latest transaction was confirmed by Lookonchain on its official X account.
The whale, or institutional investor, withdrew a total of 173,705 $UNI (equivalent to $2 million) and 18,566 $AAVE (equivalent to $2.02 million) from #Binance.
Over the past three days, this entity has purchased $28.75 million worth of tokens from the Ethereum ecosystem on #Binance, which includes:
– 4.04 million $LDO ($9.3 million)
– 858,069 $UNI ($8.7 million)
– 71,190 $AAVE ($7.4 million)
– 82,041 $ENS ($2 million)…
pic.twitter.com/GivqZKoLrQ
— Lookonchain (@lookonchain)
May 26, 2024
Whale Makes Another Round of $AAVE and $UNI Token Redemptions for ETH Investment
According to Lookonchain, the value of the $UNI tokens redeemed by the whale amounts to $2 million, while the $AAVE tokens are valued at $2.02 million. The whale’s objective was to acquire tokens from the Ethereum ecosystem, prompting the withdrawal of these tokens for a total investment of nearly $28.75 million.
Furthermore, Lookonchain highlighted that this entire transaction took place within the span of three days. The company also disclosed the names of five Ethereum ecosystem tokens purchased by the whale, including 4.04 million $LDO tokens valued at $9.3 million.
Previous $ETH Investment Involves Expenditure of 26.67 $USDT
Additionally, the purchased tokens also include approximately 858,069 $UNI tokens worth $8.7 million and 71,190 $AAVE tokens worth $7.4 million. Furthermore, the acquisition consists of 82,041 $ENS tokens worth $2 million. The final token in the list mentioned above is 250,969. As previously noted, this is not the first instance of the whale’s transactions, as the investor had previously used 26.67 million $USDT to purchase 8,733 $ETH.
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