Wintermute Withdraws $4.1 Million in AAVE from Kraken Exchange

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author: CryptoNews

date: November 24, 2025

1 min. read

Wintermute, a prominent crypto market maker, has withdrawn 24,124 AAVE tokens, valued at approximately $4.1 million, from the Kraken exchange. This transaction, highlighted by The Data Nerd roughly 10 hours ago, has sparked discussions within the crypto community. Exchange withdrawals are often interpreted as a signal of intent to hold the asset, potentially reflecting a bullish outlook on AAVE's future price. Market participants are closely monitoring Wintermute's activities, given their significant influence on crypto market liquidity. While the specific reasons behind the withdrawal remain undisclosed, the move suggests a strategic decision by Wintermute regarding their AAVE holdings. This action could influence short-term market dynamics and investor sentiment surrounding AAVE. ```