Whale sell-off — Aave gains 8.23% as short-term support emerges

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Aave surges 8.23% today to $179

Highlights

Aave whales are selling into the ongoing downward trend, with one wallet offloading 15,396 AAVE valued at $2.57 million and realizing a $1.54 million loss.
AAVE is trading below all major daily moving averages, signaling continued seller dominance and persistent bearish pressure within the DeFi protocol's ecosystem.
Broader risk appetite has diminished across the sector, contributing to sustained negative sentiment for Aave and related crypto assets.

Whale liquidations intensify as sellers dominate DeFi sentiment

Recent developments around Aave indicate large token holders, or whales, have reacted to the ongoing downward trend by selling substantial amounts of AAVE, with one wallet in particular offloading 15,396 tokens valued at $2.57 million and incurring a $1.54 million loss. The asset is trading below all major daily moving averages, highlighting persistent seller dominance in the DeFi protocol's ecosystem. Broader risk appetite has also decreased across the sector.

Intraday gains diverge from persistent bearish momentum signals

Momentum indicators reflect a bearish backdrop, with MACD and ADX both signaling selling pressure and the daily MACD at strongly negative levels. Oscillators show mixed inputs: RSI and CCI register weak readings but not extreme oversold, while BBP points to persistent seller dominance despite a daily gain of 8.23%. After a modest gap up at the open, the price now trades near the session highs inside a high-volatility range, highlighting continued intraday strength toward the upper end of today’s band. There is clear divergence between the strong daily gain and sustained bearish momentum signals, indicating possible short-term exhaustion or reversal risk if buyers cannot hold recent advances.

Consolidation expected as bearish momentum limits upside

For the next five trading days, the expected price range is $165 to $195, reflecting a volatility band around current levels. The probability of a price increase is very low (less than 20%), with a decline seen as much more likely given the uniform bearish signals from the weekly trend indicators (RSI, ADX, MACD, and MA-50). Baseline scenario calls for consolidation between $170 and $185 as the market digests recent gains. In a bullish case, a breakout above $190 could trigger a short squeeze toward resistance near $195, while a renewed wave of selling could see AAVE retreat below $170, targeting support at $165.

Viktoras Karapetjanc, expert at Traders Union, believes Aave’s recent surge shows short-term resilience despite broad sector risk aversion. He sees sustained whale selling and stubborn bearish technicals capping upside for now. Consolidation near $170–$185 is likely, but strong inflows or a shift in sentiment could fuel a move above $190. Macro and fundamental trends remain challenging, but tactical opportunities may emerge if sellers lose momentum. "With volatility high and most indicators still bearish, I remain cautiously optimistic—if $177 holds, AAVE could surprise on the upside in the days ahead."

Previously it was reported that AAVE remained in a bearish technical structure, trading below all major exponential moving averages and showing weak short-term momentum as RSI hovered near 47. With on-chain flows negative and AAVE attempting to form a short term base above support, analysts indicated a decisive move above key resistance would be needed to confirm early recovery.

Source of Data: AAVE Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.