The price of Aave (AAVE) has surged to its highest level since September 2021, experiencing a 30% increase in the last 24 hours. This rise in price is attributed to AAVE whale accumulation injecting fresh liquidity into the cryptocurrency. On-chain data shows that the Mean Dollar Invested Age (MDIA) of AAVE has significantly fallen, indicating increased market activity and potential price acceleration. Crypto whales have continued to buy AAVE, with the balance held in whale addresses increasing from $5.14 million to 5.40 million within the last 11 days. The current price of AAVE suggests significant buying pressure, which could lead to a potential surpassing of $400. However, if whale accumulation slows, the bullish momentum may falter and the price could decline to $260.



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