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Two Addresses Swap $4.26 Million in WBTC for 25,502 AAVE

The exchange involved 50.95 Wrapped Bitcoin and adds to recent large on-chain activity involving AAVE.

Mentioned assets
Anonymous hands exchange polished cryptocurrency tokens in soft morning light / TokenPost.ai
Anonymous hands exchange polished cryptocurrency tokens in soft morning light / TokenPost.ai

Two crypto addresses swapped 50.95 Wrapped Bitcoin (WBTC), worth about $4.26 million, for 25,502 Aave (AAVE) tokens in a large on-chain transaction involving the lending protocol’s native asset.

On Sept. 29, AAVE reached $167 after gaining 7.61% in four hours and 12.85% over 24 hours, based on prices recorded at 6:53 a.m. ET (10:53 UTC). At the time of the reported price move, AAVE ranked 41st by market capitalization at approximately $2.54365 billion.

The swap adds to recent on-chain activity involving AAVE, including an earlier transfer of approximately 30,900 AAVE to a Uniswap liquidity pool.

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