Locking signal? A huge whale is moving AAVE from exchange hot wallets to cold wallets in bulk! About 3 hours ago, Revolut’s hot wallet transferred 15,545 AAVE (about $1.38 million) into a cold wallet. Moving tokens from a hot wallet to a cold wallet usually means large holders are storing assets long term or making defensive allocations to reduce circulating supply. Coupled with AAVE’s recent weak market performance, the whale has chosen to lock the tokens in a low-range zone in a cold wallet, or may be signaling confidence in the outlook—easing short-term selling pressure. $AAVE
