AAVE team member sold 50,000 AAVE on the blockchain for $8 million
2026-10-02 17:13:19
According to CoinMeta and on-chain analyst Yu Jin, an address belonging to the AAVE team sold 50,000 units of AAVE on the blockchain over the past week, earning 8 million US dollars in USDC, with an average price of $160 per unit. From October 2020 to October 2021, this same address received 108,000 units of AAVE from the AAVE team’s wallet. After selling 50,000 units of AAVE, the account currently holds 30,000 units of AAVE, valued at approximately 5.5 million US dollars.
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