Aave (AAVE) has shown strength despite market ups and downs. Whale investors have been buying AAVE tokens, pushing the price to around $131. A recent small hack involving $56,000 had little effect on its value. Additionally, a whale wallet recently moved $6.5 million worth of AAVE from Binance, boosting confidence in the token.
In recent weeks, this whale has greatly increased its AAVE holdings, spending 4,000 ETH to buy more tokens at an average price of $135. The wallet now holds over $16.5 million in AAVE, plus wrapped BTC and ETH. Despite some big holders selling at a loss, new whale interest suggests a promising outlook for Aave.
