AAVE Bullwhales are back. How long will they remain?
AAVE, like most of the market, has returned to bull mode.
TL,DR: Coinlist activates AAVE trading on Monday 19th. Whales reloaded 6 days earlier. Most aggressive jump in whale activity in 6 months. MVRV Z-score breaks downtrend. Accumulation reignited. Other lending protocols see silent accumulation.
NVT (in volume) spikes during the consolidation phase since February provided good buying opportunities.
This particular whale probably acted on fundamental grounds:
Thanks for reading!
If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!
Never miss a post from 0x.dawg!
Get 'early bird' alerts for new insights from this author