New Observation on the DeFi Track: Data Revealed on the AAVE Chain
The circulating market value of AAVE has reached US$2.3 billion, and that of FDV is US$2.46 billion, with 43,000 new coins in circulation every month. On-chain data shows that U.S. time zone funds are actively increasing their holdings of AAVE. Most of the large currency holders are in profit, but the overall profit is not high, and most of the people who are not entering the bull market in 2021 have sufficient chips to change hands.
🔍 AAVE overview: The total supply is 16 million, and the circulation is 14.93 million. The Genesis Wallet still holds 790,000 coins, worth $122 million. Ecological incentives and staking rewards continue to promote circulation.
📊 Distribution of chips on the chain: AAVE accounts for 37.29% in the hands of Project parties, and exchanges such as Binance account for a significant proportion. The liquidity in Balancer is as high as 170 million US dollars, showing strong market activity.
💼 Portraits of large investors: Over 75% of large currency holders have made profits, but the median profit is only 20%. The median holding period is 287 days, indicating that most of them are new investors. Large investors have low trading frequency and prefer long-term holdings.
💰 News on increasing holdings: Most of the large investors who have increased their holdings in the past 60 days are new entrants with large amounts of funds, averaging about 2 transactions per month, and prefer traditional projects rather than hot currencies.
🌐 Regional characteristics: The active trading periods of AAVE are concentrated in the United States time zone, showing the strong interest of American funds in AAVE.
