Two main cryptocurrency investors have just taken steps, exceeding more than $ 24 million in DEFI tokens in Binance 
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. But this is where it becomes interesting: while an investor left with massive profits, the other faces heavy losses.
How did these two very different results go? Let’s dive into the details.
The “0x257” whale has great benefits
Spot data on Chain show that a well -known whale, identified as “0x257”, transferred nearly $ 7.96 million to DEFI tokens to Binance. These include Aave, Link and Uni – Three working assets. The whale deposited:
- 13,816 Aaves tokens ($ 3.54 million)
- 161,463 liaison tokens ($ 3.13 million)
- 85,529 plain tokens ($ 758,000)
The results were very profitable for the whale. They made 255% of Aave’s profits, 213% Link and 52% UNI. In addition, the whale won from a deposit specific to $ 523,000.
Interestingly, this whale was holding Aave, Link and Uni since mid-2010, showing that they were patients with their investments.
Loss of challenge of $ 16.78 million from Blocktower Capital
On the other hand, Blocktower Capital, another cryptographic investor, has moved more than $ 16.78 million in DEFI token in Binance, but has undergone a net loss of $ 2.94 million.
The tokens involved in this movement included Uni, Link, MKR and ENA, with the following deposits:
- 532,754 plain tokens ($ 5.33 million)
- 197,451 Liaison tokens ($ 4.29 million)
- 3,862 MKR tokens ($ 3.77 million)
- 5.153m ENA tokens ($ 3.39 million)
While Uni saw a gain of 12%, the other tokens did not also perform: MKR lost 31%and ENA fell by 29%.
Interestingly, Blocktower Capital still contains 20,314 AAV tokens ($ 5.47 million) and 1,713 ETH tokens ($ 4.84 million), which could offer a chance of recovery.
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General presentation of the DEFI market
The Defi market has experienced ups and downs recently. In the past 24 hours, the DEFI segment dropped by 4.7%. Last week, the main DEFI tokens like Steth (-12.5%), Link (-16.6%), UNI (-21.7%) and Aave (-9.1%) underwent losses.
However, in a surprising turn, several highest challenges have shown solid performance in the past 24 hours. Tokens like Steth (+ 2.4%), Aave (+ 7.8%) and UNI (+ 2.2%) rebounded, suggesting a possible recovery of the market
These recent movements highlight the differences in results for the main challenge investors. The “0x257” whale has obtained significant profits, while Blocktower Capital has faced significant losses. Despite a weak week for the DEFI tokens, the last 24 hours have shown signs of recovery, many key tokens having seen a boost.
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