Fresh Accumulation for AAVE, MKR, IMX, and FET: What’s Brewing?

• A whale accumulated millions of AAVE, MKR, IMX, and FET and moved them from exchanges.
• AAVE may hit $110 while MKR also showed bullish prospects in the short term.
• IMX’s 4x 365-day increases may move higher but FET may continue correcting.

Tokens including Aave (AAVE), Maker (MKR), Fetch.ai (FET), and Immutable X (IMX) have experienced a surge in accumulation lately, Lookonchain disclosed. According to Lookonchain, whales have been at the forefront of this accumulation.

Details from the on-chain tracking handle showed that a whale reportedly withdrew $4.7 million worth of AAVE and $3.18 million worth of MKR from Binance. Other wallets owned by the same whale sent 1.57 million FET and 2.57 million into a self-custodial wallet around the same period.

This suggests a bullish move could be coming for the cryptoc…

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