Large Players Transfer DeFi Assets to Exchanges Amid Growth

by Giorgi Kostiuk

a year ago

Investors are actively moving DeFi assets despite overall market pressure.

Large Investors' Movement in DeFi

The DeFi tokens market showed growth amidst sales by large investors like '0x257'. Asset exchanges of Aave, Chainlink, and Uniswap indicate strategic selling.

Activity of Wallet '0xa92'

The wallet '0xa92' exchanged Stake Ethereum for AAVE, resulting in a significant unrealized profit. The crypto investor continues to hold assets despite current market fluctuations.

In the past 5 hours, wallet '0xa92' swapped 10,090 STETH for 102,259 AAVE at an average price of $259.13.

BlockTower Capital Deposits

BlockTower Capital transferred $16.78 million in DeFi tokens to Binance, facing a net loss of $3 million. Despite some successful trades, the overall result was negative.

BlockTower Capital deposited $16.78M in 4 DeFi tokens to Binance over the past 9 hours, likely taking a net loss of $2.94M.

Large players continue to actively move assets in the DeFi sector, reflecting the desire to maintain profitability control despite high market risk.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

Japan Tightens Access to Crypto Through Regulated Exchanges

Japanese authorities are enforcing stricter access to cryptocurrency platforms, limiting services to those that comply with domestic regulations.

Rajesh Kumar3 days ago

PEPE Token Shows Strong Performance Against Major Cryptocurrencies

PEPE token showed strong performance with a 146% increase against USD, maintaining stability and key support levels.

Jesper Sørensen3 days ago

Vitalik Buterin Emphasizes Individual Sovereignty in Ethereum Development

Vitalik Buterin emphasizes the importance of individual sovereignty in Ethereum development, urging developers to prioritize resilience over convenience.

Lucas Weissmann3 days ago

Institutional Interest in Ethereum Grows Amid Regulatory Clarity

Institutional investors are increasingly building on Ethereum due to clearer regulatory frameworks in the U.S., leading to a surge in stablecoin transfer volume.