PANews reported on April 2 that, according to on-chain analyst @ai_9684xtpa, a "2016 ETH ancient whale with a cost as low as $203.22" is suspected of selling off $10.72 million worth of ETH and AAVE, nearly liquidating its ETH holdings after 10 years.

The whale awoke yesterday after a month of dormancy, and subsequently made frequent adjustments to its addresses, depositing 3,915 ETH and 24,000 AAVE into Kraken, which appears to be a sell order; after this deposit, only 52 ETH remain on the chain.