The post Aave Crypto Whale Moves $2M Off Binance: Price Rally Hangs by a Thread appeared on BitcoinEthereumNews.com.

Key Insights: A whale moved over $2 million in AAVE crypto from Binance to a personal wallet. Dormant AAVE tokens are suddenly waking up after months. RSI is positive, but low volume might weaken the rally. A big AAVE whale just moved over $2 million worth of tokens from Binance into a personal wallet after keeping them untouched for seven months. This kind of whale move always catches traders’ attention because it can hint at what big investors might do next. And since the AAVE price has climbed over 8% in the past month, people are wondering: is this whale confident about more upside, or is this a trap? Big Whale Activity Raises Eyebrows Here’s exactly what happened: one whale moved 8,033 AAVE tokens (about $2.09 million) out of Binance and into a wallet that hadn’t moved a single coin in seven months. When whales move money out of exchanges, it often means they’re not planning to sell immediately, which is usually a positive sign. However, since this wallet has just woken up from months of inactivity, it’s unclear whether the whale is planning a long-term hold or simply rearranging before cashing out elsewhere. Traders are unsure yet, so everyone is watching closely. Source: Onchainlens Dormant Coins Suddenly Awake; What’s Really Happening? Another interesting twist is happening with dormant coins. About 11,300 AAVE tokens that hadn’t moved in two years suddenly woke up. Usually, when coins that have been sitting still for years start moving again, it means long-term holders might be taking profits. If these early investors decide to sell, it could put downward pressure on the AAVE price. Dormant whale circulation picking up – Source: Santiment Also, looking at user activity, things aren’t exactly exciting. The number of active wallets holding or using Aave hasn’t really grown lately.…

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Filed under: News - @ July 3, 2025 11:28 am