On October 11, COINOTAG reported significant on-chain activity analyzed by expert Yu Jin, revealing a strategic transaction involving **31,563 AAVE** tokens, valued at approximately **$4.51 million**. This notable transaction allowed the wallet holder to secure a remarkable profit of **$1.52 million**, translating to an impressive **51%** gain. The tokens were initially acquired at **$94.7** each on July 2, demonstrating the potential profitability of timely market decisions. After holding AAVE for three months, the investor executed the sale, with **6,314 tokens** transacted directly on-chain while the majority, **25,249 tokens**, were moved to **Binance** for further trading flexibility. This case exemplifies the ongoing volatility in the cryptocurrency market and highlights the importance of on-chain analysis for investors aiming to capitalize on price movements.
Source: https://en.coinotag.com/breakingnews/profit-surge-1-52-million-earned-from-31563-aave-sale-after-3-months-of-holding/