$AAVE : From August 22, notifications were sent to fans in batches to build positions, and the recent DeFi positive news has raised prices by nearly 30%. Some have set sell orders at 360 to take profits.
However, many brothers have seen their positions drop close to the cost price. 😅
Personally, I am optimistic about the long-term prospects of this spot market. Short-term fluctuations are truly insignificant to me. Some coins can be positioned well, especially the Ethereum series lending leaders.
Currently, multiple large whales are accumulating UNI and AAVE. One whale withdrew 43,123 AAVE tokens from the exchange in the past two days, valued at approximately 13.87 million.
Additionally, Aave Labs launched the Horizon RWA market, which supports institutional DeFi by allowing tokenized representation of real-world assets as collateral.
Despite the short-term price drop, institutions and large holders have been accumulating. Choosing to enter the market at this position is a relatively favorable choice!
