Lookonchain: Institution Deposits 62K AAVE to Exchanges

Lookonchain flagged an institution that woke after more than a year of dormancy and shifted 156,690 AAVE valued at $22.86 million plus 19.74 million WLD valued at $10.04 million toward liquidation. So far 62,000 AAVE ($9.12 million) and 19 million WLD ($9.67 million) have landed on exchanges.

AAVE 4H Technical Confluence

AAVE trades at $144.82 beneath both the EMA50 at $152.17 and EMA200 at $152.25, locking in a bearish structure confirmed by the MACD death cross at -2.14. With RSI at 39.27 still neutral and price inside the Bollinger bands, the upper band at $160.12 acts as near-term resistance while the lower band at $140.6 offers the first volatility target. Fresh exchange inflows from the long-dormant wallet add immediate supply pressure that aligns with the downtrend, making a test of the $140.6 band the next logical move before any relief toward the EMA cluster.