AAVE: Whale Buys 11,206 Tokens for $1M Supply

AAVE saw fresh accumulation as a whale converted $1M USDT into 11,206 tokens at an average $89.24 and supplied the entire stack to Aave V3.

The same address still controls 5,007 ETH valued at $10.56M and appears positioned for additional purchases. Over the past year similar on-chain flows have preceded sustained moves in DeFi lending protocols and shaped AAVE price prediction models used by institutions.

Price currently sits at $87.22 inside the Bollinger band with upper resistance at $91.72. Despite the bearish structure defined by EMA50 at $91.97 and EMA200 at $94.62, MACD has printed a bullish golden cross at -1.45 while RSI at 38.34 remains neutral. With price testing lower band support near $86.8, a measured bounce toward the 50-EMA confluence looks probable before any extension higher.