Multiple whales deposited millions of dollars of AAVE tokens into CEX and are suspected of selling

PANews reported on November 5 that according to Lookonchain monitoring, whales are selling $AAVE. On-chain data shows:

• Address 0x7634 withdrew 25,790 $AAVE (approximately US$3.39 million) from Aave 50 minutes ago and deposited it into MEXC.

• Address 0x790c withdrew 7,822 $AAVE (approximately US$1.04 million) from Aave 3 hours ago and deposited it into Binance.

• Cumberland deposited 10,000 $AAVE (about 1.29 million US dollars) into OKX 6 hours ago.

• Galaxy Digital deposited 7,897 $AAVE (about $1.02 million) to Binance 10 hours ago.