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Crypto

Whale Moves $78M Worth of Ethereum From Aave to Bitfinex

Guavy AI Editorial Team
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ETH AAVE
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A significant Ethereum transfer has taken place from Aave to Bitfinex, with 40,000 ETH worth approximately $78.7 million being sent on July 27, 2026, according to Whale Alert.

This move is notable as it involves a large holder, or 'whale,' depositing ETH into Aave for borrowing or lending purposes and then withdrawing it to sell or engage in an over-the-counter trade.

Aave is a decentralized lending protocol, while Bitfinex is a centralized exchange with deep liquidity, making it a logical endpoint for such a transfer.

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