AAVE worth $3.2M bought in one day: Is $500 within reach in 2025?

Cumulative activity of whales and Smart DEX showed that the buying activity has increased.
Historical active addresses by profitability show most traders are profitable.

As a researcher with years of experience tracking cryptocurrency markets, I’ve seen my fair share of market swings and whale activities. The recent accumulation pattern of AAVE by whales and Smart DEX traders is quite intriguing. It appears that they are not just buying the dip, but also strategically positioning themselves for potential future gains.

In simple terms, the digital asset Aave (AAVE) remains a top choice among DeFi (Decentralized Finance) heavyweights. Interestingly, a large investor has been consistently buying AAVE, amassing 96,800 tokens at a total cost of $17.8 million, with an average purchase price of around $183.40 each.

9,702 AAVE tokens were bought using a total of $3.18 million in GHO and WBTC, showing that this whale is still committed to investing, despite price drops.

The whale’s position, with a potential profit of $15.31 million and a 86.2% rise in worth, suggested strong faith in the market by this investor.

Based on my years of experience in the stock market, I believe that this strategic accumulation could indicate either a foreseen price increase or a stabilization at the current levels. The market dynamics play a significant role here. In my career, I’ve seen instances where heavy buying can signal an upcoming surge, as well as times when it suggests that investors are confident in the stock’s stability. It’s essential to keep a close eye on the market trends and make informed decisions accordingly.

Smart DEX traders and whales are buying the dip

A cumulative analysis showed a significant re-entry of whales and Smart DEX traders. After selling at $368 and $381, whales re-entered the market, buying over $3.2 million in AAVE in a single day.

Remarkably, a particular whale (identified as ‘0xe823’) pocketed a profit of approximately $118,000. This translates to returns that were anywhere from three to four times the initial investment.

Trader ‘0xfcc5’ has recently invested another $1.4 million, earning returns ranging from 3.2 to 3.3 times their initial investment. As a result, they now hold approximately 963,000 AAVE tokens, which equate to a staggering value of around $331.60 million.

In a similar manner, traders using Smart DEX platforms such as ‘0xb040’ seized the opportunity to repurchase approximately $679,000 worth of AAVE following successful returns that amounted to 3.8 times their initial investment.

This pattern implies they’ve both taken advantage of the recent drop in price, hinting at a shared expectation for a possible price rebound, which suggests optimism about AAVE’s future profits.

AAVE’s prediction and profitability of addresses

The rising AAVE price suggests that smart DEX traders and large investors purchasing during the recent downturn may initiate a market recovery. Currently, AAVE is slightly above the substantial Fair Value Gap (FVG) at approximately $300. Historically, this gap functioned as a critical resistance level prior to the price increase, establishing a robust support zone.

If African American Vernacular English (AAVE) manages to keep up its pace and remains above this point, it might witness a significant surge. This surge could serve as an indication of optimistic feelings, possibly resulting in even greater peaks.

As more people buy the coin, this suggests growing confidence in its future success, implying that it may reach new high points shortly.

Furthermore, the Moving Average Convergence Divergence (MACD) indicated a bullish signal, adding weight to the possibility of further growth trends. Should Aave maintain its position above the resistance level (FVG), the likelihood of reaching $500 by 2025 becomes more convincing.

As a crypto investor, I’ve noticed that about 23.29% of my investments have been profitable so far this year, while only around 11.61% have shown losses. This suggests that there’s a greater likelihood of maintaining investor trust and optimism moving forward.

Lately, the number of profitable cryptocurrency addresses has grown by 10%, reaching approximately 33.72%. This surge indicates a robust support area near the existing price point of roughly $340.71.

Read Aave’s [AAVE] Price Prediction 2024-25

As I delve deeper into my ongoing research, I find myself increasingly optimistic about the future of WLD. Should current trends continue, it’s plausible that its price might not only stabilize but potentially surge beyond $500 in 2025. This bullish outlook is primarily influenced by a positive shift in holder sentiment and a noticeable decline in selling pressure.

2024-12-20 09:43

Smart DEX traders and whales are buying the dip

AAVE’s prediction and profitability of addresses

Read More