DeFi tokens AAVE and UNI are once again catching the attention of big players. According to fresh data from crypto analysts, whales have recently acquired over $20 million worth of these tokens, sparking a wave of optimism across the market.
Whales Quietly Accumulate DeFi Tokens
Analytics platform Spot On Chain revealed that two newly activated wallets executed large-scale purchases of UNI and AAVE via OTC (over-the-counter) deals — a common method for high-volume trades that don't disturb the spot market price.
🔹 A wallet identified as “0x3bb..” purchased $4.28 million worth of Uniswap (UNI) from trading firm Cumberland.
🔹 That same wallet, along with another tagged as “0x4f7..,” also acquired $15.83 million worth of Aave (AAVE) from the same OTC provider.
This accumulation signals strong investor confidence and suggests the potential for upcoming price appreciation. Whale activity of this scale often precedes bigger market movements — even amid current broader market uncertainty.
AAVE and UNI on the Rise
Following the whale purchases, AAVE’s price jumped 3.5%, trading at $138.81 at press time, after dipping to a 24-hour low of $130.43. The bounce could be linked to the whale activity, but also to renewed community momentum.
Notably, the Aave community recently proposed a massive buyback plan and liquidity enhancement strategy, aiming to uplift the token’s market presence and pricing dynamics.
Uniswap (UNI) also posted solid gains, rising 2.5% to $5.27 after hitting a daily low of $5.05.
This buying spree suggests that despite market volatility, the DeFi space might be gearing up for another breakout. The only question is: Will other investors follow, or miss out on the momentum?
#UNI , #AAVE , #CryptoWhale , #CryptoMarket , #Altcoin
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