A long-term institutional investor moved 156,690 AAVE, worth $22.86 million, and deposited 62,000 tokens, valued at $9.12 million, onto exchanges. The move could signal a sale or a portfolio reshuffle. Meanwhile, AAVE’s exchange supply ratio reached a three-week high of 0.1615, increasing the potential for selling pressure. The token fell toward $141 after losing $160 support, while its Relative Strength Index dropped to 38 and the MACD turned negative. If selling continues, AAVE could lose $140 support and fall toward $132, while a daily close above $155 would invalidate the bearish setup.
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