A whale spent 1.3 million USDC to buy 1.57 million AERO through 1inch and Odos routers.
Resistance appears around $0.914, allowing investors in a losing position to take profits and break even, limiting the short-term upside momentum.
A whale recently successfully acquired 1.579 million Aerodome Finance [AERO] tokens at an average price of $0.823 per token, costing a total of 1.3 million USDC, according to data from Onchain Lens.
This whale used aggregators 1inch and Odos to execute three batch transactions of 469.93K, 600.06K, and 509.48K AERO, each swapping 400K, 505K, and 394K USDC respectively.
This concentrated accumulation activity shows strategic positioning near key support levels — likely awaiting a strong breakout.
Given the prospects of AERO on the Base platform and the ecosystem momentum, this decision is not accidental.
Source: Onchain Lens
Occupying 99% is not a coincidence
At the same time, a clear divergence occurred between Base and Aerodrome, as developers built on the extensive layer-2 platform provided by Base and used Aerodrome as a bridge to launch new tokens.
Tokens like Giza [GIZA], Venice Token [VVV], Keeta [KTA], and KAITO [KAITO] dominated the trading volume with 99%, 95%, 85%, and 81% respectively in the last 24 hours.
With Aerodrome as the liquidity hub and Base as the expansion engine, new Token projects are given a sustainable boost. AERO is increasingly at the center of this series of launch events.
Can AERO Hit $1 Again?
Technically, since the beginning of April, AERO has been maintaining an uptrend within an upward sloping price channel, creating consecutive higher lows and higher highs.
The price had hit $0.822, below the psychologically strong $1 level.
The mid-June rally brought the price close to the upper channel boundary around $0.95 before a slight correction. A break above $1 opens the door to the historical supply zone around $1.50.
Source: TradingView
Conversely, if rejected, the lowest support corridor around $0.60 will be the support point for a return.
70% of investors make a profit but still have potential risks
Notably, AERO’s In/Out of money chart shows that the majority of holders are in profit, buying below the $0.779 price point.
About 70.59% of investors are making a profit, which translates to 1.18 billion AERO in tokens.
Meanwhile, nearly 15% of the supply (about 248.11 million AERO) is “out-of-the-money” with prices ranging from $0.914 to $2.21. A price above $0.914 could trigger selling pressure from the breakeven pool.
Source: IntoTheBlock
This analysis suggests that AERO may face resistance above $0.914, as losing holders will tend to sell to preserve capital.
However, solid support at $0.779—the area where investors break even—should limit selling pressure, allowing the upside momentum to be sustained if demand continues to strengthen.
Source: https://tintucbitcoin.com/aero-huong-toi-15-usd-nong/
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