A significant whale transaction involving 50,000 AAVE tokens worth approximately 15.07 million USD indicates a strong bullish sentiment. Despite prior price resistance at 331 USD, the entry of such market participants reinforces potential for upward price movement.
AAVE’s futures market shows increasing whale participation, with open interest rising. Currently trading at 303 USD, if momentum continues, AAVE could strive towards the 336 USD mark, although recent data suggests cautious positions may prevail.
Leave a Reply