Whale Sells 88,227 AAVE Tokens for $19.89M
- Whale sold 88,227 AAVE tokens, impacting DeFi liquidity.
- Transaction worth approximately $19.89 million.
- Market volatility observed in AAVE’s price range.
A whale identified as wallet 0xebb4 sold 88,227 AAVE tokens worth approximately $19.89 million over the past eight hours, causing notable sell pressure and impacting DeFi liquidity.
The sale led to market volatility, affecting AAVE’s price and liquidity dynamics without eliciting responses from AAVE leadership or key opinion leaders as of now.
An unidentified whale sold 88,227 AAVE tokens worth approximately $19.89 million over eight hours. This action caused notable sell pressure in the decentralized finance market affected by on-chain transactions and liquidity dynamics. Whale Sells 88,227 AAVE Tokens for $19.89M
The whale, known via the wallet address 0xebb4, executed sales at an average price of $225.47 per token. No official statements from AAVE’s leadership, including CEO Stani Kulechov, have been made regarding this event. As of October 17, 2025, no direct statements have been made regarding the whale sale affecting AAVE tokens. Aave Official Communications
This sale created ripples throughout the market, with AAVE’s price experiencing volatility, cycling through resistance and support levels. Increased trade volume in AAVE/ETH liquidity pools also occurred during this time. The price experienced volatility with strong resistance around $230 and support near $210 following the whale’s sale. DeFi Market Dynamics
While no new funding activities emerged alongside this sale, AAVE’s Total Value Locked (TVL) experienced a dip. The sale’s impact was most visible in exchange volumes that escalated significantly.
No regulatory bodies have issued official responses, and market stakeholders continue to monitor the situation’s unfolding effects. “Similar whale dumps have historically led to short-term price corrections and increased volatility.” Read more
Similar whale activity has previously prompted market corrections, followed by recovery phases aligning with broader crypto sentiment. AAVE’s staking landscape remains distinct from recent activities, showing a division between staking and market exits.
