An address suspected to belong to an Aave team member sold 50,000 AAVE over the past week for 8 million USDC at an average price of $160, according to monitoring data from Ember. According to Foresight News, the address received 108,000 AAVE from an Aave Team wallet between October 2020 and October 2021.
The address still holds 30,000 AAVE, worth about $5.5 million.
$AAVE