AAVE Targets $150 After 8% Jump Amid Whale Activity
AAVE's price surged 8% to $125, driven by whale accumulation and increased on-chain activity, despite a recent $260M liquidation. The recovery was fueled by two whales accumulating 31,407 AAVE ($3.92M), pushing the price up 28% in two weeks. Active address activity also surged, indicating more market participants.
AAVE broke through the $118 resistance, suggesting further gains could target $153. However, a pullback to $110 might occur if it struggles at $132 resistance.
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