AAVE Faces $100 Test Following Large Token Transfer

Financial app Revolut recently moved 6.44 million dollars worth of AAVE tokens, sparking attention across the market. Traders watched closely to see how the asset would react to this sudden shift in supply.

Despite the large transfer, buyers stepped in to defend the ongoing uptrend. This reaction shows that market participants remain confident in the token for now, holding the line against potential sell pressure.

Market watchers are now eyeing the key one hundred dollar level as a crucial psychological test for AAVE. If buyers maintain control, the token could continue its upward path, but any weakness might invite a deeper retest of support.