⛔ Stop guessing ⛔ Use our free stock screener to find new opportunities fast Try Free Screener

WhaleStats Reveals AAVE Is Being Favored By ETH Whales

Published 2023-03-09, 05:18 a/m
© Reuters.  WhaleStats Reveals AAVE Is Being Favored By ETH Whales

Coin Edition -

  • WhaleStats announced that AAVE is one of the top 10 cryptos by trading volume among the 100 biggest ETH whales.
  • WBTC, MATIC and CHZ are also included on the list.
  • AAVE is currently worth about $73.27 after a 0.98% drop in price.

The well-known whale tracking platform WhaleStats posted on Twitter earlier this morning to share new information about the habits of the top 100 largest Ethereum (ETH) whales. According to the post, Aave (AAVE) is currently one of the top 10 cryptocurrencies by trading volume among the 100 biggest ETH whales over the last 24 hours.

Top 10 cryptos by trading volume among top 100 ETH whales (Source: WhaleStats)

AAVE occupies the 9th position on this list at the moment. Some of the other cryptos favored among these 100 ETH whales include Polygon (MATIC), Wrapped Bitcoin (WBTC), Maker (MKR), and Chiliz (CHZ).

AAVE price (Source: CoinMarketCap)

According to data from the crypto market tracking website CoinMarketCap, AAVE is one of the many cryptos trading in the red today. AAVE is currently worth about $73.27 after a 0.98% drop in price over the last 24 hours. The altcoin reached a high of $74.48 and a low of $71.51 over the same time period.

Although AAVE strengthened against Bitcoin (BTC) by about 0.48% over the last day, the crypto did weaken against ETH by about 0.14%. In addition to AAVE experiencing a price drop since yesterday, the crypto is also still down by more than 9% over the last week.

AAVE’s 24-hour trading volume is in the green zone and now stands at $63,145,818 after a 3.17% increase since yesterday. In terms of market cap, AAVE stands at $1,032,591,161, which makes it the 44th biggest cryptocurrency in terms of market capitalization. This places it right behind BitDAO (BIT) in the 43rd position.

Disclaimer: The views and opinions, as well as all the information shared in this price analysis, are published in good faith. Readers must do their own research and due diligence. Any action taken by the reader is strictly at their own risk. Coin Edition and its affiliates will not be held liable for any direct or indirect damage or loss.

The post WhaleStats Reveals AAVE Is Being Favored By ETH Whales appeared first on Coin Edition.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.