DeFiance Capital founder: AAVE is close to the cycle high, which may be driven by institutional funds
Odaily reported that DeFiance Capital founder and CEO Arthur Cheong posted on X stating: "Although the overall market is sluggish, the AAVE price is approaching its cyclical high. This may be the buying behavior of institutional funds, in order to claim their holdings of Aave in their year-end reports, as one of the best performing DeFi assets and a key representative of the financial future."
