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Aave (AAVE) drops 5.67%, hitting $125.8 amid bearish weekly trend and frozen markets after Binance wallet incident.

Technical Signals
31 Oct 2026, 02:06 WIB
Tokenpost
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Bearish
Aave (AAVE) drops 5.67%, hitting $125.8 amid bearish weekly trend and frozen markets after Binance wallet incident.

Aave (AAVE) fell 5.67% in 24 hours to $125.8, maintaining a bearish weekly trend and staying below key support levels at $140 and $129. The token faces a demand zone near $115, with weekly support at $113.4. This downturn follows Aave's decision to freeze its V3 and V4 markets across networks after the October 29 Binance hot-wallet incident, which halted new supply and borrowing activities. The market remains cautious as the situation develops.

Aave trades at Rp2.333.959 on Pluang, showing a 6.83% gain in the last 24 hours as of Oct 31, 2026 06:21 WIB. Despite the article's bearish outlook and price drop to $125.8, Pluang users show balanced order activity with 50% selling and 50% buying. The token's market cap stands at Rp36 trillion with a 24-hour volume of Rp9.17 trillion, indicating active trading interest.

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