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PANews reported on October 2 that according to on-chain analyst Ember’s monitoring, an address suspected to be a member of the Aave team has sold 50,000 AAVE on the chain in the past week, in exchange for 8 million USDC, with an average price of $160. This address obtained 108,000 AAVE from the Aave Team wallet between October 2020 and October 2021, and after selling 50,000 AAVE, it still holds 30,000 AAVE ($5.5 million).