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New Address Withdraws $15 Million in AAVE and $64K in ETH from Kraken

A newly created wallet withdrew significant amounts of AAVE and ETH from Kraken, marking a notable transaction on September 9, 2025.

ETH
AAVE

Summary

A newly created wallet, 0x7D94077f58593F8b97c5cAB56c8924E13b49946E, withdrew 50,000 AAVE valued at $15.07 million and 15 ETH worth $64,700 from Kraken on September 9, 2025. This large-scale transaction highlights notable asset movement from the exchange.

Terms & Concepts
  • AAVE: AAVE is a decentralized finance (DeFi) protocol that allows users to lend and borrow various cryptocurrencies, and its native token is used for governance and staking.
  • ETH: ETH is the native cryptocurrency of the Ethereum network, used for transactions, smart contracts, and as a store of value in the broader crypto ecosystem.