AAVE’s price increased significantly: Recently, AAVE’s price surged above 300 USD, marking a key level. This rise is largely attributed to substantial transactions from large investors, known as whales, reflecting a positive trend in the cryptocurrency market.
Whale transactions indicate market trends: The activities of whales serve as important indicators of market sentiment, with their trades suggesting heightened interest in AAVE. This confidence boosts investor sentiment and signals potential future price developments.