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Token AAVE

Sep 04, 22:20

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Multisign linked to Aave's founder sold 8,500 AAVE ($1.16M) via Cumberland DRW

Outflow

Total tokens transferred

Token AAVE

8.5K

AAVE

Multisign 0xe70 (likely Aave's founder Stani Kulechov) just transferred 8,500 AAVE ($1.16M) to Cumberland DRW at $136.9:

 

Notably:

  • The multisign constantly and exclusively received AAVE from 2 known wallets of Stani Kulechov and the Aave's Ecosystem Reserve between October 5, 2023, and July 15, 2024.
  • Then so far, the multisign has allegedly sold 58,096 AAVE via DEX and Cumberland at an average price of $118.6 ($6.89M) since November 27, 2023, mostly around local peaks! The multisign often received stablecoins and ETH back after sending AAVE to Cumberland.

 

Currently, the multisign still holds 242,500 AAVE ($32.4M).

 

Fig 1. Multisign 0xe70 (likely Aave's founder Stani Kulechov) has allegedly sold 58,096 AAVE at $118.6 on average ($6.89M) since November 27, 2024.

 

Fig 2. The AAVE token flow of Multisign 0xe70 (likely Aave's founder Stani Kulechov).

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#deposit
#sell
#likely
#stani kulechov
#founder
#otc