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Crypto

Whale Investor Snaps Up $6.3M in AAVE Tokens from Kraken

Guavy AI Editorial Team
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AAVE
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A whale investor has purchased $6.3 million worth of AAVE tokens from Kraken, according to recent on-chain data.

The transaction occurred four hours ago and involved 39,018 AAVE tokens being bought by the whale address 0xe271 at a price of $162.76 per token.

This move comes as the price of AAVE holds steady above its EMA50 support level at $152.98, but signals fading momentum with an MACD death cross at 2.86 and RSI at 58.06 remaining neutral.

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