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21shares reduced holdings in AAVE by over $5.74 million within three weeks, currently holding only $2.33 million in position
【Crypto World】On-chain data monitoring shows that large transfers of AAVE have attracted attention. Four hours ago, 21shares transferred 6520 AAVE tokens to market maker FlowTraders, worth approximately $1.11 million, and then sold them through a major exchange.
This is just the tip of the iceberg. Over the past three weeks, 21shares has transferred a total of 35,700 AAVE tokens to exchanges and FlowTraders, equivalent to about $5.74 million. Behind this ongoing selling pressure, it reflects the institution’s position adjustment movements on AAVE.
It is worth noting that 21shares currently holds only 13,540 AAVE tokens, valued at $2.33 million. From the perspective of position size, this significant reduction has clearly changed its risk exposure to this asset. For traders paying attention to institutional movements, such position changes often provide valuable market signals.