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AAVE Price Drops Nearly 10% After Whale Sell-Off

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AAVE
$147.684-2.5%
AAVE price movement dropped nearly 10% after a whale sold over 230,000 tokens, pushing the price toward $160–$162. Price analysis shows a hold above this level could stabilize the asset, while a break below may send it to $140–$130. Trading volume surged 220%, signaling a concentrated sell-off. On-chain data suggests the whale timed the move precisely, likely at a loss. AAVE now sits at a key weekly level, with a rebound to $180–$200 possible if buyers step in.
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