An investor made $1.81 million from AAVE but missed a greater profit. We delve into the details of this event.
AAVE Trading Profit
Between August and November 2024, an investor acquired 43,885 AAVE tokens at an average price of $145.9 each. In March 2025, they transferred 44,765 AAVE tokens to Binance at an average price of $183.27, resulting in a total revenue of $8.2 million and a net profit of $1.81 million. However, if they had sold at the peak in December 2024, when AAVE was nearly $390, the profit could have been around $10.9 million.
AAVE Market Performance
Since September 2024, the price of AAVE has grown from $129 to $181.37, a 37% increase. The market capitalization is $2.71 billion, with daily trading volume dropping to $172.49 million, down 25%. The latest whale sell-off poses a potential risk to AAVE's upward trend.
Technical Analysis and Forecast
AAVE is testing its resistance area between $377 and $392 in a descending channel since January 2025. The Money Flow Index is at 30.56, indicating potential oversold conditions. Support at $175 is crucial to prevent further declines, with resistance at $377–$392 being key for potential reversal.
While whale movements can affect market sentiment and liquidity, they are not the sole factor. Sustained volume and buyer pressure are necessary for continued growth.
