This week's AAVE market has been a roller coaster. Originally, there was positive news supporting the price, but early Sunday morning, on-chain data revealed a major news event—AAVE's second-largest individual holder was forcibly liquidated. This whale sold off 230,000 AAVE in one go, worth nearly $38 million. The market didn't react at all at that moment; the price plummeted over 12%, breaking through key support levels instantly, and panic selling was everywhere.
But the interesting part is coming. A group of technical analysts started to ponder—could this be the final round of shakeout? In the short term, the RSI was indeed warning of heavy selling pressure, but a closer look at the price trend shows signs of rebound around the $165 level. Those who understand the market know that liquidations happen quickly and can disappear just as fast. As long as the fundamentals remain solid, such sharp declines triggered by liquidity shocks often turn into golden opportunities for long-term positioning.
The V4 upgrade and regulatory policies are still progressing positively. Let's see if the $180 level can hold again. Once stabilized, this downward move triggered by the whale's forced liquidation could be a perfect entry point for patient investors.
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SmartMoneyWallet
· 8h ago
230,000 tokens dumped all at once. This move looks like a forced liquidation, but I think there's more to it. A whale wouldn't be this clumsy.
That support level at 165 is too fragile. If it's truly a shakeout, a 12% drop isn't harsh enough. Retail investors have already fled, no one left.
V4 upgrade? Let's first look at the on-chain distribution of holdings. It's better to say it's a bait for capital manipulation rather than a good entry point.
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MEV_Whisperer
· 14h ago
Whale dumps happen like this, scaring a bunch of people and then selling cheaply to the smart ones. I'm actually a bit tempted by the 165 position.
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GweiObserver
· 14h ago
Damn, selling off 230,000 coins in one go. This whale is really ruthless, directly scaring the market into a panic.
If it can hold at $180, this is indeed a bottom-fishing opportunity. It all depends on whether the fundamentals can hold up.
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NFTBlackHole
· 14h ago
230,000 coins directly dumped, this is obviously a live broadcast of whales getting slaughtered
It's another theory of manipulation; if it were a golden pit, smart money would have bought it all long ago
165 USD rebound, what a joke, looks like a dead cat bounce
No problem with the fundamentals? Is there really no action from the regulators?
Wait until 180 stabilizes, then talk. The risk of catching the falling knife now is too high
This is the toughest test of mentality, but I still find it a bit suspicious
Whales getting liquidated, retail investors suffering the consequences, always the same routine
Are technical analysts this optimistic now...
V4 upgrade, is it really important? Hard to say, just being alive now is good enough
I'm just waiting to see if there will be a second round of crashes
A 12% drop is nothing; if it breaks support again, it's over
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HypotheticalLiquidator
· 14h ago
230,000 tokens poured out all at once, how badly does this health factor need to crash... Is the risk control threshold just a hollow formality?
This week's AAVE market has been a roller coaster. Originally, there was positive news supporting the price, but early Sunday morning, on-chain data revealed a major news event—AAVE's second-largest individual holder was forcibly liquidated. This whale sold off 230,000 AAVE in one go, worth nearly $38 million. The market didn't react at all at that moment; the price plummeted over 12%, breaking through key support levels instantly, and panic selling was everywhere.
But the interesting part is coming. A group of technical analysts started to ponder—could this be the final round of shakeout? In the short term, the RSI was indeed warning of heavy selling pressure, but a closer look at the price trend shows signs of rebound around the $165 level. Those who understand the market know that liquidations happen quickly and can disappear just as fast. As long as the fundamentals remain solid, such sharp declines triggered by liquidity shocks often turn into golden opportunities for long-term positioning.
The V4 upgrade and regulatory policies are still progressing positively. Let's see if the $180 level can hold again. Once stabilized, this downward move triggered by the whale's forced liquidation could be a perfect entry point for patient investors.