Whale Sells 230,350 AAVE Tokens, Causing 10% Price Drop

2025-12-22 08:18

A significant whale transaction led to a sharp decline in AAVE's price on December 22, as a single address offloaded 230,350 AAVE tokens within three hours. The whale converted the tokens into 5,869.46 stETH valued at $17.52 million and 227.8 WBTC worth $20.07 million, totaling $37.59 million. This large-scale sell-off resulted in a roughly 10% decrease in AAVE's market price, highlighting the impact of whale movements on altcoin markets.

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