The chief of a blockchain lending community who just lately purchased actual property within the UK has bought off a few of his Ethereum holdings because the market continues to lose a yr’s value of income in only one week.
Aave founder Stani Kulechov offloaded roughly 4,503 Ether late Thursday because the token fell beneath the $2,000 stage. The sale was reported by cryptocurrency market transaction monitoring account Lookonchain, which cited knowledge from Arkham Intelligence that confirmed the stash bought for roughly $1,857 per coin.
Aave founder Stani Kulechov (@StaniKulechov) bought 4,503 items $ETH($8.36 million) $1,857 about 6 hours in the past. https://t.co/JzvxKgQqGD pic.twitter.com/VmuLThoAWt
— Lookonchain (@lookonchain) February 6, 2026
The handle that Arkham attributes to Kulechov signifies that Ethercoin was bought by a number of swaps by way of the CoW protocol settlement settlement.
On the time of writing, the second-largest coin by market capitalization was buying and selling at round $1,963. That value stage is a slight value correction; $ETH Kulechov bought the coin for greater than its worth.
Bought by Aave Boss $ETH Within the snowy cryptocurrency winter
In line with Arkham Intelligence information, an handle beginning with 0x8036e34d believed to belong to Kulechov despatched wrapped ether (WETH) in not less than 5 chunks to the CoW Protocol: Settlement throughout the final three hours of Thursday evening.
The relocation was adopted by a virtually matched inflow. $USDC Return to the identical pockets. This means that Kulechov was performing a swap. The biggest leg of the sequence reveals that 2,084,000 WETH was despatched to a CoW settlement handle roughly 6 hours earlier than Lookonchain’s report.
One other tranche included 1.012 million WETH routed to the settlement settlement, adopted by 1.884 million WETH. $USDC 792.509 Reverse movement by exchanging further leg of WETH to 1,462,000 $USDC479.437 WETH for 884,681 $USDC.
One other switch in the identical Arkham view reveals 6.349K $ETHvalue roughly $12.21 million, from “Gnosis Secure Proxy (0xe70)” to 0x8036e34d… Go to pockets. The deposit appeared 8 hours earlier than the screenshot. This was simply earlier than the WETH to – sequence.$USDC Change.
The 5 WETH outflows totaled 4,503.6 WETH, with a complete transaction totaling roughly $8.36 million nominally executed.
$ghost Holdings lead Stanley Kulechov’s portfolio
In line with Aave CEO, portfolio At Arkham, $ghost is a serious asset on a worth foundation. This handle presently holds 84,034,000 cash value roughly $8.98 million, with a token value of roughly $106.83.
Ether publicity on the identical portfolio display was comparatively small after the sale. The pockets displayed 20.151 $ETH value $39,570, $ETH Marked $1,963.79.
The displayed stablecoin stability was modest in comparison with the entire swaps moved throughout the handle. The pockets had 17,477,000 USDT and 10,767,000 listed. $USDC.
A number of smaller altcoin positions additionally appeared within the portfolio, together with 746.487 ILV value $2,760, 15.023 million CULT value $2,550, 10.819 million THALES value about $1,620, and 11.71 million BZZ value a complete of $1,490.
Krechov’s profile The entire worth is roughly $9.06 million, which has modified by -13.44%, or -$25.89,000 over the previous 7 days.
Ether accounted for a lot of the portfolio decline. January thirtieth, $ETH Listed at $3,001.66 on 20.08 $ETH The worth is $60.27,000. By Friday, $ETH Similar $20.08 listed at $2,142.53 $ETH The entire quantity is $43.02,000.
The web change column recorded a decline of $17.25,000. $ETH By itself, the holding stays unchanged, matching a value change of -$859.13 or -28.62%. The stability is a loss counted through the decline in asset costs earlier than Mr. Kulechov determined to money out.
