Altcoin Taking Flight with Trump Effect at 3-Year High: Bullish Start Possible! - Coin Bulletin

As the Trump family's move brings AAVE to a three-year high, the whales cannot remain indifferent.

Today, while many altcoins are gaining value, AAVE attracted attention for the first time in over 3 years by rising above $300.

According to data shared by Santiment, when there is a significant decrease in the "Mean Dollar Invested Age" in projects like AAVE, it indicates that important stakeholders are re-circulating tokens that have been inactive for a long time.

This movement can create a strong bull market for AAVE.

Recently, the purchase of Ethereum, Aave, and Chainlink crypto wallets by the Trump family has increased interest and whale activity in these 3 projects.

According to the data, active AAVE investors have achieved a 33% gain in the last 30 days, and 109% gain in the last 365 days. Since the cryptocurrency market is a zero-sum game, return rates above 0% are interpreted as a sign of unusual risk level.

If major investors continue to release old coins into circulation, AAVE's rally could strengthen further. However, a price pullback is also possible if large wallets start to 'hit the brakes.' Investors are advised to carefully monitor market movements.

According to CoinGecko data, AAVE, which has shown a %30 increase in the last 24 hours, is currently trading at 362 dollars at the time of writing.