According to Lookonchain, two major whale wallets executed significant purchases totaling 29,739 AAVE ($7.5M) today. Wallet 0x372c borrowed $5M USDC from Aave and acquired 19,608 AAVE 11 hours ago, raising its holdings to 280,673 AAVE ($69.44M). Meanwhile, wallet 0xeBb4 borrowed $2.5M GHO to buy 10,131 AAVE, now holding 120,513 AAVE ($29.8M). These large, leveraged acquisitions highlight rising whale confidence and could trigger increased volatility and liquidity in AAVE markets, impacting short-term trading strategies and supporting bullish sentiment in the broader DeFi and crypto trading landscape (Source: Lookonchain via Twitter, June 6, 2025).

According to @EmberCN, 20,000 AAVE tokens valued at approximately $5.45 million were transferred from Aave founder Stani Kulechov's wallet to ParaFi Capital, a known institutional investor in Aave, before being deposited into Coinbase Prime eight hours ago (Source: @EmberCN on Twitter, June 5, 2025). This significant on-chain movement indicates potential OTC or institutional trading activity and raises short-term selling pressure concerns for traders. Close monitoring of AAVE’s price action and order book liquidity on Coinbase is recommended, as such large inflows historically precede increased volatility and potential downward price action in the cryptocurrency market.