AAVE Token Drops 7.59% Amid Whale Selling and DAO Governance Vote, Volatility Surges

AAVEUSDT has declined by 7.59% over the past 24 hours, now trading at 151.77 on Binance, with the drop largely attributed to recent large-scale whale selling and ongoing governance-related developments, including the high-profile vote on transferring brand asset ownership to the DAO. Heightened market volatility is reflected in robust trading volumes, as investors react to these major events and technical indicators signal near-term bearish momentum.