AAVE is moving a bit something.
At the 15m level, it’s down 0.58%. The drop doesn’t look too extreme, but the order book signals are pretty dense—the close directly smashed through the lower bound of the range covered by nearly 20 5m candles. Volume surged to 1.95 times the usual level, with passive selling pressure trailing by -24.1%, and the bids clearly couldn’t hold.
What’s interesting is that OI is actually rising. Both the 15m and 1h contract positions increased net, but the notional value is shrinking. This combo of “price falling + OI rising” looks more like newly added leveraged short positions actively participating, rather than just a simple multi-side rout. The pool’s anomaly rank is #27, notional change is #32, and it has persisted across multiple consecutive periods—this area is far from consensus.
At 21:29, the close broke the level. If price can defend the lower bound in the short term, things might be okay; if it can’t, then the downside space may need to be redrawn. $AAVE
At the 15m level, it’s down 0.58%. The drop doesn’t look too extreme, but the order book signals are pretty dense—the close directly smashed through the lower bound of the range covered by nearly 20 5m candles. Volume surged to 1.95 times the usual level, with passive selling pressure trailing by -24.1%, and the bids clearly couldn’t hold.
What’s interesting is that OI is actually rising. Both the 15m and 1h contract positions increased net, but the notional value is shrinking. This combo of “price falling + OI rising” looks more like newly added leveraged short positions actively participating, rather than just a simple multi-side rout. The pool’s anomaly rank is #27, notional change is #32, and it has persisted across multiple consecutive periods—this area is far from consensus.
At 21:29, the close broke the level. If price can defend the lower bound in the short term, things might be okay; if it can’t, then the downside space may need to be redrawn. $AAVE