AAVE Price Rally Fueled by Institutional Buying and Taker Dominance
AAVE is trading at $134.34, with smart money running a 61% long book and aggressive taker buying dominating the tape.
The entire DeFi sector has been riding a tailwind from improving macro sentiment around crypto regulation and a Bitcoin that's been behaving itself.
Aave tends to be where institutional rotations land when traders want DeFi exposure without gambling on a dog-coin.
The price structure confirms this: AAVE is trading nearly 40% above its 50-day average and almost 40% above its 200-day average, indicating a regime change rather than a bounce.
Top traders are running a 1.55 long/short ratio with 60.9% of their book positioned long, while retail is also long at 55%, but smart money is more long than the crowd.
The taker buy/sell ratio at 1.69 means for every $1 of aggressive selling, there's $1.69 of aggressive buying, which is not passive accumulation but active demand.