$AAVE Sees Surge in Daily Active Addresses And Whale Activity As It Breaks Out Of 2.5-Year Range

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Yesterday, $AAVE experienced a surge in daily active addresses, reaching 1.73k—the highest point in over a year. This increase in activity coincides with significant whale purchases, signaling growing interest and confidence in the DeFi token. Daily active $AAVE addresses have surged to the highest point in over a year yesterday, reaching 1.73k. pic.twitter.com/ysOaSydItX — IntoTheBlock (@intotheblock) August 21, 2024 In the past seven hours, the whale wallet 0xa923 spent 2,575 $stETH (valued at $6.65 million) to purchase 50,908 $AAVE at a price of $131 per token. Additionally, the wallet 0x0945 acquired 11,101 $AAVE at $130 per token, spending 563 $ETH

The post $AAVE Sees Surge in Daily Active Addresses And Whale Activity As It Breaks Out Of 2.5-Year Range appeared first on The Merkle News.

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