Significant AAVE Withdrawal from Binance

7/30/2024 12:34:56 PM

According to @EmberCN, a whale recently withdrew 26,044 AAVE tokens, valued at $2.77 million, from Binance. Since the introduction of Aave’s new economic model proposal on July 25, focusing on protocol fee buybacks of AAVE, the token's price has risen from $86 to $106, marking a 23% increase. (Source)

Aave Binance whale economic model

More from 余烬 (@EmberCN): Analyst about On-chain Analysis

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