AAVE: Whale Buys 24,547 Tokens for $2M USDT
AAVE whale spends $2M USDT on 24,547 tokens at $81.26; price now $83.72 with EMA50 resistance at $85.28 and MACD golden cross forming.
SourceAnalysis
AAVE saw a whale deploy $2M USDT to acquire 24,547 AAVE at $81.26 from address 0x6a4d361b7d0dadf8146dcfe6258a8699ea35eb81.
Price has since lifted to $83.72. The 4h chart shows a bearish structure with EMA50 at $85.28 and EMA200 at $90.72 both acting as overhead resistance. MACD registers a bullish golden cross at -1.08 while RSI sits neutral at 49.7. Price remains inside the Bollinger bands, bounded by $88.99 upper resistance and $78.4 lower support, pointing to a likely test of the upper band before any retracement to EMA50.
Traders tracking AAVE price prediction will watch whether this accumulation sustains momentum above the 50-EMA.
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