According to on-chain analyst Ember Monitor, a whale that started hoarding AAVs 3.5 years ago transferred 32,000 AAVs (worth about $3.09 million) to Binance half an hour ago. He first proposed AAVs from Binance and Kraken in January 2021, accumulating 42,665 AAVs (worth $5.14 million) at an average price of $120. Now moving to the exchange at $96 is expected to generate a loss of $760,000.