Revolut's $6.44M AAVE Transfer Tests Market Resilience

Revolut's sudden transfer of over $6.44 million worth of AAVE from its cold wallets to Coinbase has raised concerns about fresh supply hitting the market.

However, this large transaction did not immediately trigger a breakdown in price structure, and traders continued evaluating whether it represented profit-taking or routine treasury management.

The scale of the deposits still attracted attention because cold wallet transfers often signal a stronger intention to move assets toward exchanges.

Funding Rates remained positive at 0.0045%, showing that long-position holders continued paying a premium to maintain their exposure, indicating sustained bullish conviction among derivatives traders.