AAVE – Here's what spot traders, whales are up to and the impact on price
Portfolio Pulse from
AAVE has seen significant market activity with spot traders buying $2.39 million worth of tokens over four days, despite large holders selling approximately $830,000. The protocol has become the most valuable DeFi protocol with a $18.433 billion Total Value Locked (TVL), overtaking Lido. However, derivatives markets are showing bearish signals with negative funding rates and a declining long-to-short ratio.
March 28, 2025 | 10:15 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Spot market shows strong accumulation, but derivatives market indicates potential downward pressure
Spot traders are accumulating AAVE, suggesting potential upside. However, derivatives market bearish signals (negative funding rate, low long-to-short ratio) indicate potential price pressure. Net effect appears neutral in short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100