Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin breaks $ 109k ATH to enter the price discovery again

2025-05-21

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

2025-05-21
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Kalp Network Partners with Luffa to stimulate Web3 Privacy and RWA access

    2025-05-21

    Smarter athlete data via PSG Labs and Joint Innovation Studio

    2025-05-21

    Sahara AI launches Siwa Testnet to authorize decentralized AI builders

    2025-05-21

    WalletConnect’s Smart Sessions ‘Redefine’ Wallet UX for Future or AI agents: Founder

    2025-05-21

    Adventure Layer is launched as First Gaming L2 on Berachain

    2025-05-20
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Bitcoin breaks $ 109k ATH to enter the price discovery again

    2025-05-21

    XRP – Price coil for an outbreak – is the next leg on hands?

    2025-05-21

    Bitcoin Whale places 40x leverage of $ 830 million long position on hyperliquid

    2025-05-21

    JPMorgan Chase CEO warns the stock market witnessing ‘extraordinary amount of complacency’ in the midst of abrupt recovery

    2025-05-21

    Cardano (ADA) in Focus: Can it break this barrier and recover Momentum?

    2025-05-21
  • Learn

    Blockchain Explained: What It Is, How It Works and Why We Need It

    2025-05-21

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»Aave whales are on the move – Here’s what to expect
Altcoins

Aave whales are on the move – Here’s what to expect

2023-11-09No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Journalist

Posted: November 10, 2023


  • An Aave whale now controls more than 2% of the total circulation.
  • The positive trend of AAVEs continues with a price increase of more than 4%.

Recently, Aave has witnessed substantial individual accumulation of a prominent whale. This whale in particular has achieved a remarkable record in terms of the total volume of token they have amassed.

On November 9, Spot on chain discovered a notable transaction involving Aave. This transaction revealed that a whale had just withdrawn 64,557 AAVE tokens, with an estimated value of $6.7 million.

Further examination of the whale’s wallet revealed that they had withdrawn 338,794 tokens over the past two days, with a combined value of approximately $34 million.

According to the latest information available, this whale has become the largest individual holder of Aave tokens. The whale currently owns 2.12% of the total token supply.

According to data from CoinMarketCap, the total supply of Aave tokens is reportedly 16 million.

Aave has had a good run

The daily timeframe chart revealed strong upward price movement for Aave over the past 48 hours. By the close of trading on November 8, the price had risen more than 2.7% to around $1.4.

At the time of this update, the value had risen even further, surpassing $1.5 with a gain of over 4%.

Furthermore, this recent price increase has pushed the Relative Strength Index (RSI) into overbought territory. This indicates significant buying pressure and a prevailing bullish trend.

AAVE/USD price development

Source: TradingView

Furthermore, an analysis of the Moving Average Convergence Divergence (MACD) showed that the trend was above zero. This alignment with the bullish signal from the RSI reinforces the overall positive sentiment in the market.

See also  Bitcoin Whale Suddenly Moves Over $1,518,000,000 in BTC – Here's Where the Crypto Is Going

Does the derivatives market also share this sentiment?

Positive sentiment on the derivatives side?

Based on data from Mint glassthe funding rate for Aave reflects positive sentiment among traders. The financing rates graph showed that traders were anticipating a future price increase, which kept the financing rate positive. At the time of this update, the coverage ratio was approximately 0.06%.


Realistic or not, here is AAVE’s market cap in BTC terms


However, it is worth noting that the graph also shows a decline in the funding rate.

It suggests fewer traders are taking long positions. This may be due to expectations of a price drop or reduced general interest in it.



Source link

Aave Expect Heres Move Whales
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Top reasons why Bitcoin price today, May 21, came in new ATH

2025-05-21

Fartcoin has increased by 10.62% for the past 24 hours

2025-05-21

Was the founder of Cardano $ 619 million? Hopkinson makes shocking revelation

2025-05-21

SEC counts Unicoin – $ 100 million exposed to alleged fraud!

2025-05-21
Add A Comment

Comments are closed.

Top Posts

NFL Veterans Have Found a New Way to Monetize Their Likeness (Hint: It’s With NFTs)

2023-10-12

Trader says Bitcoin on CUSP to break out from Beerarish market structure, sketches path to new multi-month high

2025-05-09

A new ‘2025 High’ for BTC will influence traders because …

2025-03-21
Editors Picks

How To Buy, Sell, And Trade Tokens on The Polygon Network

2024-01-23

Coinbase will stop Bitcoin-backed lending from May 10

2023-05-04

Support today’s currency revolution with .NPC! 🎭

2024-12-14

Bitcoin retains 80-85% of the ETF market share -Analyst reveals how

2025-04-22
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin breaks $ 109k ATH to enter the price discovery again

Top reasons why Bitcoin price today, May 21, came in new ATH

Circle Looking for at least $ 5,000,000,000 for Coinbase Acquisition, possibly Nixing IPO plans: Report

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$107,174.881.59%
  • ethereumEthereum(ETH)$2,482.791.04%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.371.79%
  • binancecoinBNB(BNB)$668.503.73%
  • solanaSolana(SOL)$168.661.86%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • dogecoinDogecoin(DOGE)$0.2274073.67%
  • cardanoCardano(ADA)$0.753.52%
  • tronTRON(TRX)$0.266711-2.43%
  • suiSui(SUI)$3.891.41%
  • chainlinkChainlink(LINK)$15.782.89%
  • avalanche-2Avalanche(AVAX)$22.723.83%
  • hyperliquidHyperliquid(HYPE)$27.476.84%
  • stellarStellar(XLM)$0.2890542.46%
  • shiba-inuShiba Inu(SHIB)$0.0000152.63%
  • hedera-hashgraphHedera(HBAR)$0.1951841.97%
  • unus-sed-leoUNUS SED LEO(LEO)$8.841.02%
  • bitcoin-cashBitcoin Cash(BCH)$401.583.82%
  • the-open-networkToncoin(TON)$3.060.33%
  • polkadotPolkadot(DOT)$4.713.27%
  • litecoinLitecoin(LTC)$95.532.13%
  • moneroMonero(XMR)$380.4710.26%
  • bitget-tokenBitget Token(BGB)$5.180.77%
  • piPi(PI)$0.8211.95%
  • pepePepe(PEPE)$0.0000132.23%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • bittensorBittensor(TAO)$435.116.30%
  • uniswapUniswap(UNI)$6.106.62%
  • aaveAave(AAVE)$247.89-3.37%
  • nearNEAR Protocol(NEAR)$2.824.59%
  • aptosAptos(APT)$5.193.37%
  • okbOKB(OKB)$52.090.25%
  • ondo-financeOndo(ONDO)$0.963.60%
  • kaspaKaspa(KAS)$0.1113043.63%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.217.66%
  • ethereum-classicEthereum Classic(ETC)$18.643.51%
  • internet-computerInternet Computer(ICP)$5.253.03%
  • gatechain-tokenGateToken(GT)$21.621.74%
  • crypto-com-chainCronos(CRO)$0.0964421.21%
  • mantleMantle(MNT)$0.74-0.35%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2369473.95%
  • vechainVeChain(VET)$0.0283723.13%
  • render-tokenRender(RENDER)$4.693.48%
  • ethenaEthena(ENA)$0.3904838.37%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • arbitrumArbitrum(ARB)$0.4009444.45%
  • algorandAlgorand(ALGO)$0.2262243.86%
  • filecoinFilecoin(FIL)$2.893.82%
  • bitcoinBitcoin(BTC)$107,174.881.59%
  • ethereumEthereum(ETH)$2,482.791.04%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.371.79%
  • binancecoinBNB(BNB)$668.503.73%
  • solanaSolana(SOL)$168.661.86%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • dogecoinDogecoin(DOGE)$0.2274073.67%
  • cardanoCardano(ADA)$0.753.52%
  • tronTRON(TRX)$0.266711-2.43%
  • suiSui(SUI)$3.891.41%
  • chainlinkChainlink(LINK)$15.782.89%
  • avalanche-2Avalanche(AVAX)$22.723.83%
  • hyperliquidHyperliquid(HYPE)$27.476.84%
  • stellarStellar(XLM)$0.2890542.46%
  • shiba-inuShiba Inu(SHIB)$0.0000152.63%
  • hedera-hashgraphHedera(HBAR)$0.1951841.97%
  • unus-sed-leoUNUS SED LEO(LEO)$8.841.02%
  • bitcoin-cashBitcoin Cash(BCH)$401.583.82%
  • the-open-networkToncoin(TON)$3.060.33%
  • polkadotPolkadot(DOT)$4.713.27%
  • litecoinLitecoin(LTC)$95.532.13%
  • moneroMonero(XMR)$380.4710.26%
  • bitget-tokenBitget Token(BGB)$5.180.77%
  • piPi(PI)$0.8211.95%
  • pepePepe(PEPE)$0.0000132.23%
  • daiDai(DAI)$1.000.00%
  • ethena-usdeEthena USDe(USDE)$1.000.04%
  • bittensorBittensor(TAO)$435.116.30%
  • uniswapUniswap(UNI)$6.106.62%
  • aaveAave(AAVE)$247.89-3.37%
  • nearNEAR Protocol(NEAR)$2.824.59%
  • aptosAptos(APT)$5.193.37%
  • okbOKB(OKB)$52.090.25%
  • ondo-financeOndo(ONDO)$0.963.60%
  • kaspaKaspa(KAS)$0.1113043.63%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.217.66%
  • ethereum-classicEthereum Classic(ETC)$18.643.51%
  • internet-computerInternet Computer(ICP)$5.253.03%
  • gatechain-tokenGateToken(GT)$21.621.74%
  • crypto-com-chainCronos(CRO)$0.0964421.21%
  • mantleMantle(MNT)$0.74-0.35%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2369473.95%
  • vechainVeChain(VET)$0.0283723.13%
  • render-tokenRender(RENDER)$4.693.48%
  • ethenaEthena(ENA)$0.3904838.37%
  • usd1World Liberty Financial USD(USD1)$1.000.05%
  • arbitrumArbitrum(ARB)$0.4009444.45%
  • algorandAlgorand(ALGO)$0.2262243.86%
  • filecoinFilecoin(FIL)$2.893.82%