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AAVE Rises 9% After Fed Rate Cut, V4 Upgrade Sparks Optimism

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AAVE
$176.15-2.93%
AAVE surged 9% to $205 following the Fed rate cut, with the V4 upgrade boosting the risk-to-reward ratio for traders. The new liquidation engine aims to enhance capital efficiency and risk control. Open interest jumped $34 million in 24 hours, while on-chain receiving addresses hit 1,200. Weekly fees rose to $15.47 million. Key support and resistance levels are forming near $223.
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