AAVE Token Drops 2.64% After V4 Launch Amid Volatility, Major Holder Moves and Oracle Issues
AAVEUSDT experienced a 2.64% decline in the past 24 hours, with the current price at 92.19 USDT on Binance. The price drop is primarily attributed to recent volatility following the launch of Aave V4, which introduced modular architecture and real-world asset support, as well as heightened trading activity, large holder transfers totaling approximately 210,000 AAVE, and market-wide bearish sentiment. Additional factors influencing the price include recent major liquidations and technical issues with Aave’s oracle system earlier in the month, contributing to negative momentum. The market overview shows increased trading volume, with the 24-hour volume rising to $154.93 million and the asset trading near its lower Bollinger Band, indicating weak momentum but potential for short-term relief if bullish divergence persists.