Smart Money's Move Towards AAVE
Crypto investor Arthur Cheong has recently highlighted a significant trend in the cryptocurrency markets. He notes that so-called smart money investors are focusing on AAVE, a token from the decentralized finance (DeFi) platform Aave. This comes as the supply of AAVE on exchanges drops by approximately $18.4 million over the last 30 days. In simple terms, fewer AAVE tokens are available for trading, which often means people are buying and holding them.
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