Revolut transferred $6.44 million worth of AAVE tokens. The transfer comes as AAVE tests the $100 price level, with buyers defending the uptrend.
The $6.44M Transfer
Revolut moved the AAVE tokens in a single transaction. The exact destination and timing of the transfer have not been disclosed. The amount represents a significant position in the token.
AAVE at $100
AAVE is currently trading around the $100 mark. The level has become a key battleground. Buyers are stepping in to prevent a drop below that threshold, defending the recent uptrend. The token has seen increased attention amid the transfer.
Whether the transfer signals a shift in Revolut's crypto strategy or a routine rebalancing remains unclear. For now, the market watches how AAVE holds the $100 line.
