Aave ($AAVE) crypto is seeing whale activity while its price metrics see a bit of pump. This comes despite the larger market’s volatility which has kept most traders at bay. Yet, with BTC price recovering from the lower bounds we can see a bit of activity in altcoin price action as well.
A whale transferred more than 30,000 Aave tokens worth $4.98 million to the FalconX platform. Such large transactions bring up the question if they will spark bearish trends or represent broader market patterns.
The whale account holding the address 0xd282 made a substantial 30,001 AAVE token deal ($4.98 million) with FalconX in a two-hour transaction.
At present, the whale maintains ownership of 37,425 AAVE tokens worth $6.33 million. With $11.8 million in total profit, Whale has established itself as a major market player as per its current holdings.
The OKX exchange has received a substantial deposit of 11,018 AAVE tokens worth about $1.86 million from 0x1AdC, even though the transaction resulted in a loss of $293K. Aave prices have grown by over 3% during the previous 24 hours, while the bigger market shows a moderate recovery.
Technical Price Analysis
Aave (AAVE) shows bearish market signs through its descending channel formation. It is evident on the 4-hour chart. The price stays limited within the red-shaded descending channel while bearish traders force every upward movement to hit the upper resistance trendline. When writing, the market price sits at $158.87.
AAVE price is moving at the base of the channel near $158. That indicates sellers maintain a firm grip over the market. The existing lower highs and lower lows on the 4-hour time frame support continued negative market direction.
The Awesome Oscillator (AO) measurement at the chart base has reached -3.066, indicating strong bearish market movement. The histogram in the Awesome Oscillator chart shows a heavy red distribution, indicating bearish market momentum that might continue falling in value.
A depreciation below the $158.00 support threshold will lead the price down toward the subsequent support area at $156.00. A price drop through this level will probably lead to escalated market selling activities.
How is Aave Crypto Holding Up?
According to the data, market performance has plummeted to an extent of decreasing by 20.7% in the last 7 days, as per the data from March 31, 2025. The DeFi protocol is currently trading with a volume of $247 million and a current market cap of $2.31 billion.
It shows there was a good deal of market activity about the coin, despite its declining price. Aave, currently priced at $153, is showing ongoing interest from traders as the performance across the major exchanges, especially Binance, remains strong.
Despite the price correction, it remains to be a solid project in the market. Such a price shift may present opportunities of significance for Aave’s long-term investors and question their role in the overall DeFi ecosystem.
Despite the price decline, strong market participation continues from Aave’s position as a top DeFi token. It currently maintains around 15.09 million AAVE in circulation.
The current market volume demonstrates robust market operations continue during this bearish period.
The market sentiment remains more or less neutral even though prices have dropped. As whale activity displayed in the attached tweet, big token holders remain active according to their massive AAVE deposit into FalconX platforms.
The absence of significant purchase activity and price appreciation indicates traders are concerned or doubtful about the market situation.
The post Whales Selling Aave Crypto Amid Market Recovery, Will This Trigger Bear Action? appeared first on The Coin Republic.
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