#以太坊行情解读 AAVE had a harsh drop early yesterday morning - in less than 1.5 hours, it plummeted from $176 straight to $156, a 12% fall that caught many off guard.
The reason behind it is quite straightforward: a large holder took action. This individual dumped over 230,000 AAVE in a short period, equivalent to more than 38 million dollars in real money, directly crashing the market. How aggressive was this trade? The on-chain trading volume skyrocketed instantly, a bunch of leveraged positions were directly liquidated, and the fall was even more severe than expected.
The technical aspect also looks bleak - the key support line at $170 was instantly breached, showing little resistance. $AAVE $ETH $BNB The linkage here is also worth noting, as whale sell-offs are often not isolated events.
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#以太坊行情解读 AAVE had a harsh drop early yesterday morning - in less than 1.5 hours, it plummeted from $176 straight to $156, a 12% fall that caught many off guard.
The reason behind it is quite straightforward: a large holder took action. This individual dumped over 230,000 AAVE in a short period, equivalent to more than 38 million dollars in real money, directly crashing the market. How aggressive was this trade? The on-chain trading volume skyrocketed instantly, a bunch of leveraged positions were directly liquidated, and the fall was even more severe than expected.
The technical aspect also looks bleak - the key support line at $170 was instantly breached, showing little resistance. $AAVE $ETH $BNB The linkage here is also worth noting, as whale sell-offs are often not isolated events.