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Investment firm ParaFi Capital allegedly swaps $5.3 million worth of AAVE for SKY.
Deep Tide TechFlow News, on March 6, on-chain analyst Yu Jin monitored that investment firm ParaFi Capital recently appeared to swap $5.3 million worth of AAVE for SKY.
Data shows that on March 3, ParaFi Capital transferred approximately 42,500 AAVE (worth about $5.26 million) to Coinbase Prime, and today withdrew 70 million SKY tokens (worth about $5.38 million) from Coinbase Prime. This asset reallocation occurred during the Aave governance controversy, with the two transactions being close in amount and separated by about three days.