Aave Founder Sells $3.53 Million ETH in 13 Hours and Increases AAVE Holdings

Founder Adjusts Asset Allocation

According to monitoring by renowned on-chain analyst余烬, Aave founder Stani.eth has made significant asset adjustments in the past 13 hours. He converted 1,700 ETH (worth approximately $3.53 million) into AAVE tokens through a single-sided liquidity operation, acquiring a total of 30,727 AAVE.

Massive ETH Sell-Off Sparks Interest

This action is not an isolated event. Data shows that Stani.eth has cumulatively reduced his ETH holdings by 6,204 in the past 24 hours. Valued at current market prices, this amounts to over $11.88 million. These moves have sparked widespread discussion among the community and market analysts.

Market Dynamics and Potential Impacts

Such large-scale conversion of ETH by the founder may signal confidence in the project's prospects, but it could also cause short-term market volatility. Investors should closely monitor on-chain activities and assess market risks rationally.