$AAVE Up ~9% on the Week as Kraken's Parent Buys In
• Payward and its clients bought AAVE on the open market. Size undisclosed; more buys possible.
• Aave: ~$33B net deposits, ~$11B active loans. A vote on Babylon native BTC collateral for V4 is scheduled.
• AAVE ~$130, +9% in 7 days, flat on a red day.
Bullish: institutions buying DeFi tokens on market is real conviction. I expect a retest of $133.9 as long as AAVE holds above $122.5.
Not financial advice. DYOR.
• Payward and its clients bought AAVE on the open market. Size undisclosed; more buys possible.
• Aave: ~$33B net deposits, ~$11B active loans. A vote on Babylon native BTC collateral for V4 is scheduled.
• AAVE ~$130, +9% in 7 days, flat on a red day.
Bullish: institutions buying DeFi tokens on market is real conviction. I expect a retest of $133.9 as long as AAVE holds above $122.5.
Not financial advice. DYOR.
