AAVE's price surged to a one-month high of $205, fueled by heightened network activity and significant whale movements. Over the past 180 days, smart money investors have accumulated more than 589,000 AAVE tokens. Additionally, the supply of AAVE on exchanges has decreased by 23% in the last 30 days, now standing at 4.39 million, indicating a shift towards self-custody.
Aave's total value locked (TVL) remains robust at $33.8 billion, with the platform generating $86 million in fees during November. Technical indicators such as the Supertrend and RSI suggest potential for further price increases.
AAVE Price Hits One-Month High Amid Increased Whale Activity
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