The cryptocurrency AVA has seen a remarkable 238% price increase, pushing its market capitalization to nearly $200 million.
Notably, a wallet linked to “smart money” (address 0xe0d) purchased 150,000 AVA tokens last week at an average price of $0.731.
Following this purchase, the token’s price skyrocketed, delivering a floating profit of $124,000 for the investor. The wallet was recharged just 20 minutes ago on Binance. If the tokens had been sold at AVA’s peak price of $2.98, the return on investment would have soared to 308%.
还得是 CZ 啊， $AVA 应声上涨 238%，市值接近 2 亿美金了💥
聪明钱 0xe0d 一周前以均价 $0.731 建仓的 15 万枚 AVA 瞬间暴涨，已在 20 分钟前充值进 #Binance，当时已浮盈 12.4 万美金，若在最高点 $2.98 卖出，回报率将高达 308%！
是大半夜会爬起来操作的程度🤣钱包地址 https://t.co/QJlpESChCf https://t.co/ndupBczodj pic.twitter.com/yTmALRaSWB
— Ai 姨 (@ai_9684xtpa) December 12, 2024
Whale Address Moves AVA Tokens
Meanwhile, another significant move came from an address associated with the Travala (AVA) project itself. Over the past 15 hours, this address transferred 600,000 AVA tokens (valued at approximately $1.56 million) to Binance, with an average deposit price of $2.60. This marks the first recorded transfer or sale activity from this address.
Interestingly, this same address had received 8.21 million AVA tokens from the project team a year ago, representing 14.57% of the total circulating supply. Over the past 11 months, it withdrew 1.76 million tokens (worth about $1.32 million) from Binance at an average price of $0.7497. As of now, this address has achieved a floating profit of $4.1 million.
AVA(Travala) 项目方关联地址过去 15 小时内累计向 #Binance 充值 60 万枚 AVA（约 156 万美金），充值均价 $2.6💡这是该地址的首次转出 / 卖出操作
该地址曾在一年前收到项目方转移的 821 万枚代币（占代币流通总量的 14.57%）；过去 11 个月又陆续以均价 $0.7497 从币安提出 176 万枚代币（约 132… https://t.co/ihwi5jdZFi pic.twitter.com/uo4BPouYa0
— Ai 姨 (@ai_9684xtpa) December 13, 2024
Since Binance CEO Changpeng Zhao’s tweet last night, AVA has nearly tripled in value. The token is currently trading at $3.06, showcasing incredible momentum in the market. Investors are closely watching these developments as major holders continue to take action.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.