News
Whale Recalls Uniswap (UNI) and Aave Tokens from Kraken: Lookonchain
A crypto whale is accumulating huge amounts of Uniswap (UNI) and Aave (AAVE), according to on-chain data.
Blockchain monitoring company Lookonchain relationships that the investor with the prodigious portfolio suddenly spent $4 million to add more UNI, the decentralized exchange’s (DEX) native asset, and AAVE, a money market protocol, to his digital assets.
“A whale/institution bought AAVE and UNI again [on Tuesday]Deposited 4 million USDC to [crypto exchange] Kraken then withdrew 35,983 AAVE ($3 million) and 123,183 UNI ($1 million) from Kraken. It currently holds 142,296 AAVE ($12.1 million) and 1.43 million UNI ($11.6 million).”
Aave is trading at $89.61 at the time of writing, up 6% in the last 24 hours. Meanwhile, UNI is trading at $8.06 at the time of writing, slightly down on the day.
Lookonchain also relationships that Elwood Technologies, a crypto infrastructure and market data platform founded by billionaire Alan Howard, has suddenly moved nearly 18,000 Ethereum (ETH) to Binance, the world’s largest exchange by trading volume.
“Elwood deposited 17,900 ETH ($54.9 million) on Binance [on July 8th].”
At the time of writing, Ethereum is trading at $3,105, up more than 1% in the last 24 hours.
Finally, Lookonchain noticed A cryptocurrency whale has moved a huge amount of Bitcoin (BTC) on Binance.
“The whale re-deposited 809 BTC ($45.18 million) to Binance [on July 8th]He has deposited 7,790 BTC ($468 million) on Binance since June 27 and currently holds 6,559 BTC ($379 million).”
At the time of writing, Bitcoin is trading at $57,465, down slightly over the past 24 hours.
Don’t miss a beat – subscribe to receive email alerts directly in your inbox
Check Price Action
Follow us on X, Facebook AND Telegram
surf Hodl Daily Mix
 
Disclaimer: The views expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making high-risk investments in Bitcoin, cryptocurrency or digital assets. Please note that transfers and trading are at your own risk and any loss you may incur is your own responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Image generated: Midjourney