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Aave Whales Accumulate 8% of Supply Amidst Sell-Off, Potential Rally to $210 Eyed

Aave Whales Accumulate 8% of Supply

Dario Cesaro avatar
Written by Dario Cesaro
Updated over a week ago

Recent Aave governance disputes created a buying opportunity for "smart money," leading large holders to accumulate a significant portion of the token supply. Despite a 20% price drop to $143, which erased over $500 million from Aave's market cap, top addresses have increased their holdings, signaling confidence in the DeFi platform's future.

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