Aave (AAVE) Attracting Whales Over Past Few Months – Will It Spur Price Rally?

Aave (AAVE) Attracting Whales Over Past Few Months – Will It Spur Price Rally?

The number of “whale” addresses in AAVE has recently increased. Whale addresses are digital currency addresses that store 1 million or more of a particular coin. AAVE is currently riding a wave of whale-like popularity. AAVE is currently riding a wave of whale-like popularity. A 55 percent of the AAVE coins are held by addresses with 1,000 to one million tokens, per Santiment. That’s a big jump from the 48% investors saw in the first half of June. This increase in whale addresses may be attributable to new AAVE features. AAVE recently tweeted on the company’s recent....


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Aave Surges 25% as DeFi-Wide Short Squeeze Seems to Have Begun

It appears that decentralized finance (DeFi) bulls have finally returned. Aave (AAVE), one of the leading crypto-assets in the DeFi space, has surged 25% in the past 24 hours alone. This $AAVE reversal is legendary 🙌 — Spencer Noon (@spencernoon) November 8, 2020 This performance makes the coin the best-performing cryptocurrency in the top 100 […]