Aave whales scoop 8% of supply amid sell-off – A move to $210 possible IF…

The current Aave governance drama introduced sensible cash with an ideal alternative to scale publicity to the DeFi platform at a reduced price. AAVE dumped 20% to lows of $143 and worn out over $500 million from the altcoin’s market. 

Nevertheless, throughout the chaos, the Prime 100 Addresses increased their holdings to 12.92 million AAVE, including roughly 8% of the whole provide.

Now the Prime 100 Addresses management 80% of the general AAVE provide. 

Supply: Nansen/Jordi

Whales or massive holders additionally elevated by 66% over the identical interval between early and late December. The whale wallets with holdings of over $1 million surged from 120k to 200k, underscoring large whale demand as different retail traders backed out throughout the governance drama. 

Supply: Nansen/Jordi

However most significantly, the promoting strain throughout exchanges additionally declined considerably.

AAVE promoting strain declines

Santiment information confirmed that throughout the peak of the Aave Labs-DAO drama and the Christmas week voting interval, AAVE tokens on exchanges surged from 1.22 million to 1.43 million cash.

This resulted in a surge in promoting strain, coinciding with the sharp decline from $182 to $143. 

Nevertheless, the promoting strain eased to 1.31 million AAVE on the time of writing as tracked by Provide on Exchanges (pink).  

Supply: Santiment

Value declaring that the promoting strain additionally eased after Aave Labs and Aave founder Stani Kulechov promised to share non-protocol income with tokenholders.

Though the hostilities have been de-escalated, the drama shouldn’t be but over until the completely different factions finalize negotiations in a binding and enforceable settlement. 

That mentioned, the derivatives market demand remained flat at round $130-$150 million in Open Curiosity, the identical stage seen throughout the muted market in This autumn 2025.

AAVE might rally 30% if…

On the worth charts, AAVE bulls have tried to reclaim the 50-day Shifting Common ($174) for the second time since December. Though they failed once more, a profitable reclaim would reinforce a bullish market construction shift and probably result in a sustainable restoration.  

As such, consolidation between $160 and $174 might enable bulls to regroup and try one other push on the essential stage. Ought to they clear the hurdle, a possible 30% upside to $210-$220 might be probably.  

Nevertheless, shedding the $160 assist would invalidate the bullish outlook and sure drag the altcoin again all the way down to $140 once more. 

Supply: AAVE/USDT, TradingView 

Last Ideas 

• AAVE has recorded large whale curiosity and aggressive bidding from sensible cash.
• General promoting strain additionally tapered and will enable a possible restoration, however provided that $160 assist holds.