AAVE has been moving aggressively over the past 15 minutes—volume surged to 11 times its usual level, price rose 1.4%, and OI climbed in tandem. The data points to new leveraged longs entering, rather than a short squeeze passively pushing the price up. And this isn’t just a one-minute spike: 1h OI is also continuing to expand, with the anomaly percentile hitting 99.8%, ranking second across the entire pool.
Net taker volume is +11.2%, with buyers clearly in control, and 24h trading volume has topped $100 million.
Things are a little tricky at this level—it’s already approaching the extreme end of its historical range. Volume and OI are both strong, and the trend is clearly bullish, but a rally built on leverage can pull back quickly if spot demand doesn’t follow through. You can chase it, but size your position carefully.
Net taker volume is +11.2%, with buyers clearly in control, and 24h trading volume has topped $100 million.
Things are a little tricky at this level—it’s already approaching the extreme end of its historical range. Volume and OI are both strong, and the trend is clearly bullish, but a rally built on leverage can pull back quickly if spot demand doesn’t follow through. You can chase it, but size your position carefully.
