Hupzy (Spot On Chain)|Oct 02, 2026 09:20
An address linked to an Aave team member sold 50,000 AAVE for approximately $๐ด๐ USDC at ~$160 over the past week. The wallet originally received 108,000 AAVE from the Aave Team vesting wallet and still holds 30,000 AAVE (~$5.5M).
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Team selling post-vesting is ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฎ๐น ๐๐ฒ๐น๐น ๐ฝ๐ฟ๐ฒ๐๐๐๐ฟ๐ฒ on AAVE. The $8M notional is significant, and the remaining 30K AAVE ($5.5M) represents potential future overhang. The on-chain trail from the Aave Team wallet confirms the insider connection, making this a credible flow signal.
AAVE is tradeable on Hyperliquid โ traders can position around the overhang and watch for follow-on selling from the remaining position.
https://arkm.com/explorer/address/0x0c940cDC24fd0142CDcB96B1d7A2F0B45dB8297b
source: EmberCN
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