List of Flash News about Wintermute OTC trading
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02:28 |
AAVE Price Holds Strong as Whale Buys $15M via Wintermute After WBTC Sale: Trading Analysis
According to @EmberCN, a major whale or institution sold 184.4 WBTC ($20.4 million) through Wintermute OTC yesterday and subsequently bought $15 million worth of AAVE today, transferring 15 million USDC to Wintermute and receiving 57,715 AAVE at an average price of $259.9 per token. This accumulation activity, ongoing since March 2023, explains the recent resilience in AAVE price. For traders, this signals sustained institutional interest and could indicate further upward momentum or support levels for AAVE, with potential ripple effects across DeFi tokens and related crypto markets (Source: @EmberCN Twitter, May 24, 2025). |