Aave Founder Sells $8.3M in ETH as Ether Slides Below $2,000

Published at 2026-02-06 08:00:14

Aave founder Stani Kulechov offloaded 4,503 ETH—worth roughly $8.36 million—through CoW Protocol late Thursday, according to on-chain records. The transaction came as Ether traded below the $2,000 mark, reflecting continued downside in broader crypto markets and adding a notable sale from a high-profile DeFi founder to on-chain activity.

Founder sales often prompt questions about protocol health and insider confidence, but they can also represent routine liquidity management or personal diversification. While the move may put short-term pressure on ETH sentiment and attract headlines around AAVE governance, there is no direct evidence it signals a change in protocol direction. Market participants will be watching subsequent on-chain flows and AAVE token behavior for signs of wider impact.

Share on:

Related news

Ethereum Foundation Boosts DeFi With New Division and DeFipunk Support

The Ethereum Foundation is backing the DeFipunk initiative and launching a dedicated DeFi division led by seasoned figures including Charles St. Louis. The move arrives as ETH faces persistent bearish pressure.

Published at 2026-02-24 02:15:14
Binance Schedules Brief Ethereum Network Downtime

Binance announced scheduled Ethereum network maintenance on Feb 23, 2026, warning of a brief service interruption while assuring users that funds on the exchange remain secure. Users are advised to monitor the exchange for updates and avoid non‑urgent ETH transactions until services resume.

Published at 2026-02-23 15:31:00
Buterin: AI and Oversight Can Strengthen Crypto After $400M Hack

Ethereum co‑founder Vitalik Buterin said on Feb 22, 2026 that combining AI tools with human oversight, improved verification, and stronger redundancy could make crypto systems more resilient after a recent $400M hack.

Published at 2026-02-23 02:15:08
BlackRock's ETHB Set to Transform Institutional Ethereum Staking

BlackRock's new ETHB ETF plans to stake up to 95% of holdings and will pass 82% of staking rewards to investors. The move could reshape institutional access to Ethereum yield.

Published at 2026-02-22 18:15:07
Vitalik Buterin Sells $7M in ETH During 30% Market Drop

Ethereum co-founder Vitalik Buterin reportedly offloaded about $7 million worth of ETH as the token slid roughly 30%. The move has drawn attention to on-chain flows and market sentiment amid the sell-off.