Decentralized lending protocol Aave saw its Total Value Locked reach $18.05 billion on August 19th, while the AAVE token gained nearly 25% in 24 hours. Long/Short ratios on Binance and OKX stood at 1.46 and 1.15 respectively, indicating bullish positioning among top traders. However, 24-hour spot flow showed a $3.4 million net outflow, pointing to short-term selling pressure. Three-day and five-day netflows remained negative, reflecting broader accumulation over those periods. The two exchanges control roughly $524.85 billion in assets, with Binance accounting for $361.95 billion on its own.
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