PANews reported on June 5 that on-chain data showed that Aave founder Stani Kulechov recently transferred 20,000 AAVE (about $5.45 million) from his personal address to a wallet controlled by ParaFi Capital, and then the batch of tokens entered Coinbase Prime 8 hours ago. Given that ParaFi Capital is one of Aave's early investment institutions and invested $4.5 million in Aave in 2020, this transfer may be an internal asset reorganization or over-the-counter (OTC) arrangement. However, considering that Kulechov gradually sold his Lido (LDO) tokens in 2022, the possibility of his personal reduction of holdings cannot be ruled out.