AAVE Shows Potential for Further Gains Amid Whale Activity and Key Support Hold

  • AAVE has surged over 100% since April 2025, breaking the critical $290 resistance level, which now serves as strong support, signaling a bullish trend.

  • Investor interest is intensifying, evidenced by a significant increase in whale transactions and notable exchange outflows, suggesting robust market confidence.

  • According to COINOTAG sources, the recent breakout above $290, combined with rising trading volumes, points to a sustained upward momentum for AAVE.

AAVE’s price rally surpasses 100%, breaking key resistance and showing strong whale activity and exchange outflows, indicating a bullish crypto trend.

Whale Activity Skyrockets, Driving AAVE’s Momentum

AAVE’s recent price surge is strongly supported by a dramatic increase in large transactions, particularly in the $100K to $10M range. Data from IntoTheBlock reveals a 360.77% spike in transactions between $100K and $1M, alongside a 283.33% rise in the $1M to $10M bracket. This surge in whale activity typically reflects institutional interest or significant investor accumulation, which often precedes sustained price rallies.

Following the breakout above the $290 resistance, this influx of large transactions has contributed to the upward price momentum, reinforcing the bullish outlook. The correlation between whale participation and price action underscores the growing confidence among major market players in AAVE’s potential.

AAVE Transaction Count by Size

Source: IntoTheBlock

AAVE Breaks $310 with Strong Volume Confirming Bullish Sentiment

At the time of reporting, AAVE is trading just above $310, marking a 7% gain within 24 hours. This price increase is accompanied by a 55% surge in trading volume, a critical indicator of genuine market interest and buyer conviction. When price appreciation is supported by rising volume, it typically signals a sustainable rally rather than short-lived hype.

Technical analysis highlights that AAVE’s breakout above the $290 resistance level followed a prolonged consolidation phase, which often precedes significant upward moves. Trading above the 200-day Exponential Moving Average (EMA) further strengthens the bullish case, suggesting that the asset is positioned for continued growth.

AAVE technical analysis

Source: TradingView

If AAVE sustains its momentum and remains above the $290 support, analysts project a potential price surge exceeding 35%, potentially reaching $416. This forecast is bolstered by the asset’s position above the 200-day EMA and the strong volume confirming market participation.

Exchange Outflows Signal Increased Accumulation and Bullish Pressure

On-chain analytics from CoinGlass reveal a significant outflow of approximately $5.63 million worth of AAVE tokens from exchanges over the past 48 hours. Such outflows typically indicate accumulation by long-term holders or investors moving assets into private wallets, reducing supply on exchanges and increasing buying pressure.

This trend aligns with the bullish sentiment observed in price and volume metrics, suggesting that market participants are positioning for further gains. The reduction in exchange liquidity often precedes upward price movements, reinforcing the positive outlook for AAVE.

AAVE Spot Inflow/Outflow

Source: CoinGlass

Conclusion

AAVE’s recent breakout above $290, supported by surging whale transactions, increased trading volume, and significant exchange outflows, paints a compelling picture of a bullish trend. The asset’s position above the 200-day EMA and strong accumulation signals suggest that the rally may continue, potentially driving prices toward the $416 mark. Investors should monitor these key technical and on-chain indicators to gauge the sustainability of AAVE’s upward momentum.

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