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Zoye

09/04 11:51

Here’s why AAVE eyes $430 breakout amid $53M whale

Here’s why AAVE eyes $430 breakout amid $53M whale move

Whale accumulation, bullish positioning, and technical structure suggest AAVE could rally toward $430.


Whale withdrawals and smart trader buys strengthen AAVE’s bullish accumulation narrative. Besides, Long/Short Ratio at 1.76 and key liquidation clusters drive volatility expectations.
Aave [AAVE] continues to attract significant accumulation, reflecting deepening confidence from large players. A smart trader recently purchased 4,831 AAVE worth $1.58 million, contributing to the bullish narrative.
Meanwhile, another whale executed a major withdrawal of 25,097 AAVE valued at $7.9 million. In total, this whale has withdrawn 167,451 AAVE worth $53.65 million from exchanges over the past week. These persistent outflows highlight tightening supply and reinforce expectations for potential upside momentum.
At the time of writing, AAVE was trading at $320.76 after a 1.72% daily gain.1000215121
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