AAVE: Here’s why the token is in whales’ latest shopping list
While technical analysis offers insight into the performance of crypto assets and where the market sentiment lies, ‘buying the dip’ at a specified ‘bottom’ is not always as easy as many people make it out to be.In a newly published report titled “ Whale Watching During the Dip: Where’s the Accumulation Happening?”, analytics platform Santiment noted,“Buy low, sell high sounds easy in practice.
But in a wobbly, volatile market like cryptocurrency, defining what the “highs” and “lows” actually are is next to impossible, and always a relative science instead of precise.”According to the report, Santiment found that AAVE tokens ranked the highest amongst the top three crypto assets that the whales have accumulated since the general crypto market downturn started.
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