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ETH Whales Bet Big on AAVE: WhaleStats Reveals

Gary Flanders by Gary Flanders
2 years ago
ETH Whales Bet Big on AAVE: WhaleStats Reveals

This morning, WhaleStats, a renowned whale tracking platform, took to Twitter to unveil fresh insights into the behavior of the top 100 most significant Ethereum (ETH) whales. As per their latest update, Aave (AAVE) has secured a spot among the top 10 cryptocurrencies regarding trading volume, as observed among the 100 most giant ETH whales in the past 24 hours.

Top 10 cryptos by trading volume among top 100 ETH whales
Top 10 cryptos by trading volume among top 100 ETH whales (Source: WhaleStats)

AAVE holds 9th on the list of preferred cryptocurrencies among the top 100 ETH whales. Other notable crypto assets that have captured the attention of these investors include Polygon (MATIC), Wrapped Bitcoin (WBTC), Maker (MKR), and Chiliz (CHZ). These findings highlight the diverse range of investment opportunities available within the crypto market and underscore the importance of conducting thorough research before making investment decisions.

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AAVE price
AAVE price (Source: CoinMarketCap)

As per the statistics provided by CoinMarketCap, AAVE is among the cryptocurrencies experiencing a decline in value today. Presently, AAVE is valued at approximately $73.27, following a 0.98% decrease in price within the last 24 hours. During this period, the altcoin’s value fluctuated between a high of $74.48 and a low of $71.51.

Despite a slight 0.48% strengthening against Bitcoin (BTC) in the past 24 hours, AAVE has weakened by 0.14% against ETH. Unfortunately, AAVE has also experienced a price drop since yesterday and remains down by over 9% in the last week. These fluctuations in the crypto market highlight the importance of staying informed and vigilant in managing investments.

AAVE’s trading volume has experienced a positive surge, currently at $63,145,818, with a 3.17% increase since yesterday. Its market cap is valued at $1,032,591,161, positioning it as the 44th largest cryptocurrency in market capitalization, and AAVE is closely trailing BitDAO (BIT) in the 43rd spot. These figures indicate a promising outlook for AAVE’s performance in the market.

Tags: AAVE (AAVE)Ethereum
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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Ethereum (ETH)
1.88%
$ 2,594.21
$ 48.77
⇣ 2,472.36
21 May
⇡ 2,594.21
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