Blockchain Capital deposits $24.8 million worth of Aave tokens to Coinbase

Source
Uk Jin

Summary

  • According to Lookonchain, Blockchain Capital deposited 216,292 Aave (AAVE) tokens to Coinbase Prime about 15 hours ago.
  • The transfer was worth about $24.8 million at prevailing prices at the time.
  • Typically, deposits to centralized exchanges (CEXs) are viewed as a precursor to selling.

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According to Lookonchain on the 14th (KST), Blockchain Capital deposited 216,292 Aave (AAVE) tokens to Coinbase Prime about 15 hours ago. The transfer was worth about $24.8 million at prevailing prices at the time.

Typically, deposits to centralized exchanges (CEXs) are viewed as a precursor to selling.

Uk Jin

Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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