🔹While the crowd panicked over internal governance turmoil, the top 100 wallets quietly accumulated an additional 8% of the total AAVE supply, increasing their control to 80%
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🔸The dispute between Aave Labs and the DAO caused a 20% price drop, but it also created an opportunity for million-dollar wallets to surge by 66%. The harsh reality is that selling pressure on exchanges has decreased following the founder's promise to share revenue, but risks remain as internal negotiations have yet to reach a binding agreement
🔸Technically, AAVE needs to break above 174 USD to have the potential to rise 30% to the 210–220 USD range. However, bulls have failed twice in breaking this level. The biggest risk is if support at 160 USD is lost, the price could drop sharply back to 140 USD. Traders should closely monitor the 160–174 USD zone, as this is the key area determining whether whales are pushing the price up or not
🔹Large capital has entered, but AAVE will only truly surge if the governance agreement is finalized and the 174 USD resistance is clearly broken
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This post is not investment advice. Markets are always volatile, so consider carefully and invest responsibly