Arthur Hayes $2M DeFi OTC Transfer of LDO & AAVE
On July 17, on-chain data show say $2.05M DeFi OTC transfer happen. Flowdesk send 1.1253 million LDO and 3,033 AAVE tokens go one wallet wey dey linked to BitMEX co-founder Arthur Hayes. Dem do am outside exchange to avoid slippage, this DeFi OTC transfer show say demand for big Ethereum DeFi asset dey grow among institutions. AAVE dey trade near $325 after 10% gain for the week, while LDO dey test $0.95–$1.00 resistance after 20% jump. Hayes purchase show say confidence for Ethereum DeFi still dey and fit ginger bullish momentum. Traders suppose watch AAVE V4 upgrade and LIDO staking innovations wey fit be catalyst. Market people see this big DeFi OTC transfer as short-term price support and sign say professional involvement deep.
Bullish
Di $2.05M DeFi OTC transfer wey Flowdesk send go Arthur Hayes wallet dey show strong demand from institutions for AAVE and LDO. Dem bypass public exchanges to avoid slippage, dis private transaction mean say dem get big confidence for Ethereum DeFi. For short term, dis big buy fit help support price floors for both tokens. For long term, e mean say professional dem still dey accumulate and e fit come before bigger DeFi bullish movement, especially before big development like AAVE V4 and LIDO staking new things.