Whales redeem SNX from AAVE and transfer it to Binance while depositing a large amount of CAKE at the same time.

A whale redeemed 1.589 million $SNX from $AAVE and transferred them to Binance within 12 hours, while also transferring around $7 million worth of $CAKE to Binance. According to ONCHAINDATANERD monitoring, the $SNX redeemed from $AAVE by the whale is worth approximately $4.55 million. If sold at the current price, the whale would face a loss of around $1.78 million. Additionally, the whale deposited 2.62 million $CAKE into Binance, worth around $7 million, but the profit from this investment is relatively small, at only $184,000.