Whale Activity Sparks Interest In AAVE And UNI

In a significant move today, a whale or institution made notable purchases of AAVE and UNI. This entity deposited 4 million USDC to Kraken and subsequently withdrew 35,983 AAVE (valued at $3 million) and 123,183 UNI (valued at $1 million).

Currently, the whale holds a substantial amount of both tokens: 142,296 AAVE ($12.1 million) and 1.43 million UNI ($11.6 million).

A whale/institution bought $AAVE and $UNI again today.

He deposited 4M $USDC to #Kraken, then withdrew 35,983 $AAVE($3M) and 123,183 $UNI($1M) from #Kraken.

He currently holds 142,296 $AAVE($12.1M) and 1.43M $UNI($11.6M).https://t.co/I5GL4GXr1L pic.twitter.com/7Qj0h3lP0F

— Lookonchain (@lookonchain) July 10, 2024

According to icrypto data, Wofhaley.eth, a prominent trader, has also made strategic shifts in his holdings.

He recently moved part of his portfolio from LINK to AAVE and SNX. Earlier today, Wofhaley.eth purchased 33.41K LINK (~$428.6K), making LINK the most accumulated token among smart money in the past 24 hours.

However, just 20 minutes ago, he swapped a portion of his LINK holdings for $44.3K worth of SNX and $65.36K worth of AAVE. His return on investment (ROI) with LINK from these transactions is +3%.

Wofhaley.eth just shifted part of his holdings from $LINK to $AAVE and $SNX