AAVE Jumps 13% as Aave V4 on Base and Whale Activity Fuel Rally
- —AAVE gained 13% in 24 hours and trades above all key daily EMAs
- —Aave V4 on Base will let users pledge tokenized stocks, including COIN, as collateral for USDC loans
- —Exchange reserves hit a monthly high, potentially adding selling pressure
- —Whale activity and trading volume rose, but derivatives show signs of overheating
Why it matters: Rising exchange reserves and overheated derivatives could trigger volatility and profit-taking in the near term.
Source: AMBCrypto