According to Lookonchain, whale address 0x372c purchased another 18,627 AAVE tokens worth $4.96 million three hours ago, bringing its total AAVE acquisitions since May 1 to 118,768 tokens valued at $29.14 million. The whale now holds 261,064 AAVE ($69.8 million), which signals a strong accumulation trend and potential bullish sentiment among large investors. This significant on-chain activity could influence short-term AAVE price action, increase trading volume, and attract attention from both institutional and retail traders seeking to capitalize on whale-driven momentum. Source: Lookonchain via intel.arkm.com/explorer/address/0x372c.

According to Gordon (@AltcoinGordon) on Twitter, a major whale has accumulated 50,165 ETH, valued at $104.5 million as of May 12, 2025. This significant holding highlights robust whale confidence in Ethereum's long-term prospects, potentially signaling bullish sentiment among large investors. For traders, such accumulation often precedes price movements and can increase market volatility, making ETH a critical asset to watch for swing trading and momentum strategies. This move may also impact related DeFi tokens and broader crypto market sentiment due to Ethereum's foundational role in decentralized finance (Source: @AltcoinGordon, Twitter, May 12, 2025).