Whale Wallets Withdraw Millions in AAVE, MKR, IMX and FET from Exchanges to Self-Custody
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On-chain analytics platform Lookonchain reported large withdrawals of AAVE, MKR, IMX, and FET tokens from exchanges by whale wallets.
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Over $4.7 million worth of AAVE was withdrawn from Binance by one wallet. Netflows data shows AAVE leaving exchanges.
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Three new wallets withdrew over $6 million worth of IMX tokens from Binance. Lookonchain believes they belong to the same person.
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A new wallet transferred over $1 million worth of FET tokens from Gate.io to self-custody.
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Nansen data shows decreasing balances of MKR and FET tokens held by top addresses on centralized exchanges.