AAVE’s market sentiment shifted as whale activity increased, highlighted by a deposit of 17,002 AAVE worth 5.9 million USD. This has created optimism among investors, supported by the Ethereum Foundation’s allocation of 50,000 ETH for liquidity enhancement.
AAVE is stabilizing within a symmetrical triangle, with resistance at 372 USD. A breakout above this level could signal significant price increases, while increased transaction volumes and whale activities suggest bolstered investor confidence.
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