On December 4th, COINOTAG reported significant movements in the crypto market, highlighting the strategic accumulation by institutional investors in both AAVE and UNI. Current data from Ashes Monitor reveals these investments have yielded an impressive unrealized gain of $41.34 million, reflecting a substantial increase of 152%. In a related development, just hours prior, these investors engaged in the acquisition of two AI proxy tokens via the Virtuals Protocol, facilitated by Wintermute. The transaction saw the transfer of 3.1 million USDC to Wintermute, resulting in the receipt of approximately $1.92 million in AIXBT, alongside $0.5 million in NFTXBT. These movements indicate a robust interest from high-cap players, underlining the evolving dynamics of the crypto landscape.
Source: https://en.coinotag.com/breakingnews/whale-investors-accumulate-aave-and-uni-realizing-41-34-million-gains-amid-ai-token-investments/