Kulechov’s sales since February 26 have reached $6.6 million (55,596 AAVE). The founder still holds 244 thousand AAVEs worth $32.7 million.

Two whales made AAVE purchases

On the other hand, while a group of crypto investors are selling, some whales see declines as buying opportunities. Again early this morning, two whales made AAVE purchases totalling $2.2 million. The purchases took place through the Binance exchange.

As it will be remembered, another whale, who held AAVE for 3.5 years yesterday and bought during the upswing in March 2021, sold all the tokens his hands. This whale, who spent more than $4 million in total in 2021, sold all his tokens with a loss of about $2 million.