🚨AAVE dropped 10%, but the truth may just be starting👀
Prices are falling, and emotions are panicking.
#AAVE once pulled back over 10%, but trading volume surged by 226%, whales sold 17 million dollars, longs were liquidated to 1.59 million dollars, and the short-term outlook does not look good😮💨
But don't rush to conclusions. On-chain data offers another answer👇
📊 DeFiLlama shows that in just a few days, #TVL net increased by 1.42 billion dollars.
During the market-wide panic phase, funds are still willing to lock into Aave, which itself speaks volumes.
💰 In the past 24h, protocol revenue was 1.88 million dollars
📈 Q4 net profit was 22.56 million dollars (a historical high)
👥 Token holders still made 7.11 million dollars this quarter
Although active addresses have slightly decreased, it seems more like "weak hands are leaving, strong hands are staying".
Short-term price ≠ long-term value, this wave of AAVE appears more like an emotional miscalculation.
