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AAVE Aims for 30% Rally Despite $6.75 Million Whale Sell-Off

Coinpedia LogoCoinpedia11h ago

AAVE Aims for 30% Rally Despite $6.75 Million Whale Sell-Off - Coinpedia

Quick Summary:

According to the on-chain analytics firm Coinglass, AAVE’s long-to-short ratio currently stands at 1.05, the highest since early October 2024.

This significant dump happened within the last 24 hours on MEXC, Binance, and OKX, raising concerns about possible insider information or just a normal dump on the exchanges.

Additionally, its open interest has surged by 21%, indicating that traders are increasing their positions as market sentiment begins to shift.

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AAVE Aims for 30% Rally Despite $6.75 Million Whale Sell-Off - Coinpedia (Picture 1)AAVE Aims for 30% Rally Despite $6.75 Million Whale Sell-Off - Coinpedia (Picture 2)AAVE Aims for 30% Rally Despite $6.75 Million Whale Sell-Off - Coinpedia (Picture 3)

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Article Details

Author / Journalist: Zameer Attar

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 15:07:30 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 338 words

Reading Time: 2 minutes read

Sentences: 26 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23433483

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 33 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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Website Security: Secure (HTTPS)

Publisher ID: #112

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The story "AAVE Aims for 30% Rally Despite $6.75 Million Whale Sell-Off" has 338 words across 26 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "AAVE Aims for 30% Rally Despite $6.75 Million Whale Sell-Off" was covered 11 hours ago by Coinpedia, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 33 news stories per day.

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  • URL: https://beamstart.com/news/aave-aims-for-30-rally-17308193932589

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