You can also read this news on BH NEWS: Crypto Whales Profit Handsomely from AAVE and UNI
Recent activity among major players in the cryptocurrency market has garnered attention, as these so-called “whales” racked up substantial profits in just two days. By executing strategic transactions involving Aave (AAVE) and Uniswap (UNI), they have collectively netted approximately $12.7 million.
One prominent transaction involved whales with wallet addresses “0x991” and “0x97d,” who transferred 41,469 AAVE tokens—valued at $14.7 million—to Binance within a 40-hour window. This move is estimated to have generated around $11.3 million in profit, reflecting an impressive 330% return on investment.
Another notable player, using the wallet address “0x1d1,” moved 131,633 UNI tokens worth approximately $1.81 million to Binance about 14 hours ago, achieving a profit of $733,000. Meanwhile, a wallet linked to Sigil Fund transferred 145,824 UNI coins, earning roughly $696,000 after a 2.5-month holding period.
The significant transactions of these crypto whales underscore their influence in the market. Their actions could provide insights into trading trends, making it essential for participants to pay close attention to whale movements in the ever-evolving crypto landscape.