Aave (AAVE) has rapidly become one of the best-performing crypto-assets over the past few days. From its lows set late last week, the : Here’s Why Ethereum’s DeFi Market May Be Near A Bottom
AAVE Surges Toward Multi-Week Highs as DeFi Bull Run Returns
It appears that the DeFi bull run that we experienced in the summer has returned in full force.
AAVE, as aforementioned, is up 25% in the past 24 hours alone as buying volume picks up.
Analysts say that contributing to this rally was a large number of short liquidations, which result in rapid price action to the upside.
Prior to the recent rally, there were many traders that were shorting leading DeFi tokens such as AAVE. Due to the rapid rally in the summer, most expected to Tyler Winklevoss: A “Tsunami” of Capital Is Coming For Bitcoin
Behind the rally in the price of the leading 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing
Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com Aave Drives Over 150% From Lows Due as Fundamentals Remain Strong