AAVE has surged past $300 for the first time in over three years, fueled by increased activity among key stakeholders. This rally comes amid a broader altcoin resurgence and highlights a significant drop in AAVE’s “Mean Dollar Invested Age.” This metric, which measures the average age of invested tokens, indicates that large holders are moving previously dormant tokens back into circulation. Such movements often signal bullish momentum for the asset. Supporting this trend, 30-day and 365-day active traders of AAVE are posting impressive average returns of +33% and +109%, respectively. However, this also suggests heightened risk, as cryptocurrency remains a
The post AAVE Breaks $300 For The First Time In 3 Years As Whales Drive Bullish Momentum appeared first on The Merkle News.
