As whales begin to accumulate assets, Aave (Aave) appears to be gaining traction, quickly hinting at potential market gatherings. Today, On-Chain Lens discovered a Pepe whale that had obtained an Aave token worth $2.18 million.
The $PEPE Whale sold 225mm $LDO ($2.18M) for $WETH and exchanged for $12,037$Aave at a price of $181.
Initially, the whale bought a $3.6m LDO for $2,234 ETH ($7 million).
The whale currently holds a 1.35m $LDO ($1.215M) and is facing a loss of $3.6 million.
Address: …pic.twitter.com/RCZ00U974I
– March 29, 2025, On-ChainLens (@onchainlens)
Pepe whales bet big on aave
In a post shared on X today, the Whale sold Wes’ $2.25 million LDO token for $2.18 million worth. He then exchanged Wes’ funds for 12,037 Aave tokens at a price of $181.
Initially, investors purchased 3.6 million LDOs for 2,234 ETH ($7 million). He currently holds 1.35 million LDOs ($1,215 million) and faces a loss of $3.6 million.
The move by investors shows that whales are adjusting their position amid the ongoing slump in the crypto market. Retail investors are terrified, so whales are quietly building up altcoins long-term outlook. The whale appears to be using market dips to win a large amount of Aaves.
Aave price update
Recently, the digital asset market has experienced increased volatility, particularly due to global economic uncertainty caused by Trump-led tariff policies. Altcoins’ performance is running in parallel with Bitcoin price integration, as the biggest cryptocurrency failed to exceed the $88 level. Aave is not ruled out from the downward trend of the market.
Aave is doing a correction campaign, and this price has fallen 1.1% over the past week. The assets have grown by 1.5% over the past 24 hours, and are now valued at $178.59. This decline is part of a broader trend that began early last month, with Aave reducing momentum and identified by low and low values in trading time frames. As the market adapts to these conditions, it is expected to remain stable for the coming weeks as buyers are increasing.
There’s a glimpse of hope as it appears that long-term buyers are strengthening their position despite market corrections. The above actions by Pepe Whale suggest that long-term crypto holders are interested in Aave. This helps to stabilize the value of your assets over time.
Whale activity rose as the market went through the waves of dips. This big buying and selling by large investors can cause significant price movements in the short term. The growing activity from large investors shows confidence in Aave’s long-term potential.
It is essential to monitor Aave’s key support and resistance levels as whales adapt to their holdings and respond to market conditions. Over the next few weeks we will determine whether assets will reverse that slump or even lower. If Altcoin can move beyond the $187.94 resistance level, it could overturn bearish feelings. However, if you lose strength and fall below the $170.80 support level, there is a negative side movement.
