🚨🚨Whales buying $4.25 million worth AAVE tokens🚀🚀🚀
Aave went up almost 28%, hitting a high of $226, bringing its market cap to about $3.3 billion
Aave’s daily trading volume increased to over $850 million, and open interest in its futures market rose 48% to more than $257 million, showing a big increase in investor activity and demand from traders
Whales and Smart Money investors are focusing on AAVE, with one whale purchasing 20,000 AAVE tokens for approximately $4.25 million. Another whale invested 1,928.86 WETH, equivalent to $3.95 million in AAVE, currently $406K profit.
Alphanomics reports significant AAVE accumulation recently, noting that top holders have gathered $1.5 million worth of AAVE, alongside a $600K net inflow from Smart Money wallets in just two days.
AAVE's price analysis shows potential for gains, supported by technical indicators.
AAVE needs to break the falling wedge pattern established since January, with $230 as a crucial resistance level.
A successful breakout could elevate AAVE's price towards $350, which is both a previous resistance point and a psychological barrier.
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