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Institutional investor moves $22.86M AAVE amid sharp price drop, signaling possible sell-off.

Market News
24 Oct 2026
AMBCrypto
View Source
Bearish
Institutional investor moves $22.86M AAVE amid sharp price drop, signaling possible sell-off.

An institutional investor recently moved 156,690 AAVE tokens worth $22.86 million, depositing 62,000 AAVE into exchanges, likely signaling a potential sell-off or portfolio reshuffle. This large movement coincides with AAVE's ongoing sharp decline, where the token has fallen below key support levels, currently testing $140. Technical indicators like RSI and MACD suggest bearish momentum is strong, increasing the risk of further price drops toward $132 unless AAVE closes above $155 to reverse the trend. The rising supply of AAVE on exchanges adds to selling pressure, reflecting market uncertainty and potential continued downside.

While the article highlights a significant $22.86 million token movement and potential support risk at $140 for AAVE, on Pluang, AAVE trades at Rp2.469.112 as of Oct 25, 2026 05:21 WIB, down 6.99% in one day. Despite this sharp drop, the Pluang order activity remains heavily skewed towards buying at 98%, contrasting with the increased supply on exchanges mentioned in the news. The typical hold time of 106 days on Pluang suggests a relatively patient investor base amid the current bearish momentum.

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