• UNI and AAVE whales cashed out $12.7M in profits.
• Whale activity pointed to price fluctuations, but long-term prospects for both tokens remained strong.

In the past two days, four major crypto whales have collectively bagged $12.7 million in profits from Aave [AAVE] and Uniswap [UNI], sending ripples to the altcoins market.

This level of whale activity often signals price shifts, leaving many market participants wondering if these moves could hint at future price changes for these tokens?

Whales make significant moves

The largest transaction came from two whales, “0x991” and “0x97d” (likely one entity), who moved 41,469 AAVE—worth $14.7 million—over the last 40 hours.

These whales likely secured an impressive profit of $11.3 million, marking a 330% increase.

That not all, the two whales still hold a substantial amount of AAVE, valued at $10.2 million, with $7.86 million in unrealized gains as per the tweet.

This shows that even after cashing out, they have significant skin in the game.

In another case, whale “0x1d1” deposited 131,633 UNI (worth $1.81 million) to Binance, bagging about $733K in profits-a 68% surge in just three months of holding.