
Whales Are Strengthening Their Positions
Major players’ movements in the AAVE market are not going unnoticed. Blockchain data reveals a clear accumulation trend by wallets holding more than 10,000 AAVE tokens. This whale behavior traditionally constitutes a precursor signal for significant price movements, as these actors generally possess in-depth information or a medium-term market vision.
This massive accumulation translates concretely into a reduction in available supply on centralized exchanges. When tokens migrate to cold wallets or staking protocols, liquidity mechanically decreases. This supply scarcity creates upward pressure on prices, particularly when it coincides with rising demand.
Whale wallets have increased their holdings by approximately 8 to 12% over recent weeks according to several on-chain data aggregators. This gradual accumulation, without triggering artificial pumps, suggests a thoughtful investment strategy rather than short-term speculative manipulation. Whales appear to be betting on structural appreciation of the AAVE protocol in the coming months.
A whale has spent $3M $USDC to buy 16,991 $AAVE at a price of $177.
— Onchain Lens (@OnchainLens) November 19, 2025
The whale still holds $5.79M $USDC and is likely to buy more.
Address: 0x6a4d361b7d0dadf8146dcfe6258a8699ea35eb81
Data @nansen_ai pic.twitter.com/gvMUryVNym
Bullish Convergence Confirmed
Beyond whale accumulation, AAVE’s spot market displays sustained activity, with buying volumes surging on major platforms. This renewed interest from retail and institutional investors constitutes a solid fundamental, distinct from artificial spikes observed during market manipulation.
Funding rates on AAVE futures markets have turned positive again, signaling that leveraged traders anticipate price increases and are willing to pay a premium to maintain their long positions. This convergence between robust spot demand and moderately positive funding rates creates a favorable technical environment and increases the probability of a bullish breakout.
From a technical analysis perspective, AAVE is testing a critical resistance zone that has rejected price action multiple times. A confirmed breakout with sustained volumes could pave the way for a bullish extension toward higher levels. Indicators like the RSI and MACD suggest positive momentum, offering room to maneuver for substantial appreciation without triggering massive profit-taking.
