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AAVE Hovers Near $97 as Whale Long Positions Hit 65%

AAVE Hovers Near $97 as Whale Long Positions Hit 65%

AAVE is trading at $96.92 and whales are betting big on a rally. Data shows 65% of large holders are long on the token. Technical analysis suggests a move to $105 within the next eight weeks — but a drop below $92 would break the setup.

Whale Positioning

Large investors — addresses holding significant amounts of AAVE — aren't shying away from risk. They're sitting at 65% long positions. That's a heavy concentration for any asset, let alone a volatile crypto token. It doesn't guarantee a price jump, but it signals conviction among players who move markets.

The other 35%? Short positions. That's a sizeable minority betting against the rally. The split means AAVE could see sharp moves in either direction if the stalemate breaks.

Technical Setup

Chart analysis pins a $105 target for the next two months. That's roughly an 8% gain from current levels. Not a moonshot, but a clear resistance zone traders are watching.

The flip side: a drop below $92 is the failure threshold. If AAVE loses that level, the bullish case unravels fast. The $92 mark is where technical support meets whale sentiment — break it and the 65% longs could scramble.

Right now AAVE is stuck in a narrow range. The $92-$105 band is the battlefield. Whales are leaning long, but no one's forcing the price higher. The next few weeks will tell if the bulls can push through $105 or if the bears drag it below $92.

There's no catalyst on the calendar — no protocol upgrade, no exchange listing, no regulatory decision. It's pure price action driven by trader positioning and technicals. That makes the $92 floor the single most important number to watch. If it holds, the rally path stays open. If it breaks, expect a quick flush.