Aave founder's address transfers 20,000 AAVE to ParaFi Capital address and deposits into CEX 8 hours ago
According to a report by Jinse Finance, on-chain analyst Ember monitored that 20,000 AAVE ($5.45 million) were transferred from Aave founder Stani.eth's address to ParaFi Capital's address, and then entered a CEX 8 hours ago. Could this be a sell-off by the founder or the investment institution (ParaFi Capital is one of Aave's investment institutions)? There are several possibilities: ◎ The founder OTC'd some coins to the institution; ◎ These are the institution's coins, just previously held at the founder/team's address; ◎ The address label is incorrect.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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