A certain whale transferred 32,000 AAVE to CEX half an hour ago, with an expected loss of 760,000 US dollars

On-chain analyst EmberCN tweeted that a whale, who started hoarding AAVE three and a half years ago, transferred 32,000 AAVE (approximately $3.09 million) to CEX half an hour ago. This whale began withdrawing AAVE from CEX three and a half years ago (January 2021), accumulating a total of 42,665 AAVE (approximately $5.14 million), with an average price of $120 per coin. Now transferring to the exchange at a price of $96 per coin is expected to result in a loss of $760,000.