AAVE is seeing significant interest from whales and Smart DEX traders who are capitalizing on the recent price dip. Whale accumulation and strategic re-entry by traders suggest confidence in AAVE's future gains.
AAVE continues to be a leading DeFi asset for whales. Notably, one whale has been aggressively dollar-cost averaging, accumulating 96,800 AAVE and spending $17.8 million at an average price of $183.4. The recent inflow of 9,702 AAVE , purchased with $3.18 million in GHO and WBTC, highlighted the whale’s continued investment even as prices dipped. Holding an unrealized gain of $15.31 million, reflecting an 86.2% increase in value, the whale’s position indicated significant market confidence.
This strategic accumulation could suggest anticipation of a forthcoming price surge, or a stabilization at current levels, depending on market dynamics.A cumulative analysis showed a significant re-entry of whales and Smart DEX traders. After selling at $368 and $381, whales re-entered the market, buying over $3.2 million in AAVE in a single day. Notably, one whale, ‘0xe823’, secured $118,000 in profits, achieving returns between three to four times the investment. Another trader, ‘0xfcc5’, re-invested $1.4 million, with returns between 3.2 to 3.3 times, now controlling a substantial 963,000 AAVE worth $331.60 million.Similarly, Smart DEX traders like ‘0xb040’ re-entered by purchasing $679,000 worth of AAVE after realizing profits at 3.8 times the initial investment. This pattern suggested that both were strategically capitalizing on the recent price dip, indicating collective anticipation of a potential price recovery, suggesting confidence in AAVE’s future gains.The current AAVE price indicates that Smart DEX traders and whales buying the recent dip could lead to a recovery. AAVE is trading just above the significant Fair Value Gap (FVG) at $300. This gap acted as a structure break point before the price surged, creating a strong support zone. If AAVE successfully maintains its momentum and stays above this level, it could experience a massive uptrend. Such a move could confirm a bullish sentiment, potentially leading to higher high
Aave Defi Whales Smart DEX Price Recovery
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