Investors often monitor the buying patterns of crypto whales, as these large players can heavily influence market prices. The first week of November 2024 has been no exception, with whales funneling substantial funds into several altcoins.

Aave (AAVE) is a leading token in the decentralized finance (DeFi) space, widely recognized for its lending, borrowing, staking, liquidity pools, and flash loan features. As the DeFi ecosystem continues to evolve, AAVE remains an important asset, and its future price trajectory is of great interest to both investors and analysts.

A closely followed crypto analyst believes that one Ethereum (ETH) restacking protocol is starting to look extremely bullish. Pseudonymous analyst Altcoin Sherpa tells his 226,300 followers on the social media platform X that Eigenlayer (EIGEN) may continue to surge for several factors. “One coin/trade I haven't seen on the timeline at all is EIGEN.

The DMI showed a strong uptrend in progress after the quick recent gains.

If there is no fresh uptick in buying activity, Uniswap's uptrend could weaken.

The victory of “crypto president” Donald Trump continues to reverberate through the market, with Uniswap's native $UNI token rallying to hit a four-month high of $9.34 in the early hours UTC. However, Uniswap is now trading five cents below $9.

While Bitcoin (BTC) bulls are eyeing a new all-time high, Ethereum (ETH) is poised near $2,800 and Solana (SOL) is above $188. There is also notable attention on top DeFi tokens – including Uniswap (UNI), Aave (AAVE) and Ethena (ENA). Here's a wrap for the crypto market during the Asian hours on Nov.

Uniswap (UNI) has experienced a significant rebound, posting an impressive 35% rally over the last 24 hours. This sharp uptick has revived investor optimism after months of stagnant price movement, suggesting that the altcoin may be on the verge of a new uptrend.

The Open Interest (OI) also increased by 20%, involving over 18 million tokens.

AAVE price made a strong comeback this week, rising for two consecutive days, and moving to its highest level since April 18 2022 as sentiment in the crypto industry improved. It jumped to an intraday high of $185, a 255% increase from the lowest point this year.

These exchange-related tokens are seeing incredible investor interest today, but can it continue?

AAVE, one of the leading decentralized finance (DeFi) tokens, is currently facing a period of heightened volatility as large investors—referred to as “whales”—are offloading significant amounts of their holdings. Recent transactions show major transfers to centralized exchanges like Binance, MEXC, and OKX, leading to concerns about a potential shift in market sentiment.

Uniswap price is on the cusp of soaring by another 32% after flipping an important resistance level and escaping its six-month correction. UNI token rose to $9.45 on November 6, its highest level since June 27.

Uniswap (UNI) is riding a wave of renewed bullish momentum, with its price inching closer to the critical $8.74 resistance level. This surge has captured the attention of investors eager to see if UNI can overcome this hurdle and unlock fresh upside potential.

The broad market gauge CoinDesk 20 Index was higher by 8.2% versus bitcoin's 6% advance following Donald Trump's victory.

After Donald Trump's U.S. election win, DeFi tokens like Aave and Uniswap experienced strong gains.

Solana joins Uniswap as a top performer, gaining 12.7% as U.S. Presidential election results come in.

Aave, Uniswap and other decentralized finance tokens saw substantial gains following Donald Trump's victory in the U.S. election.

Uniswap is breaking multi-month price levels amid ongoing bullish rally.

The crypto markets are painted in green as the market participants turn bullish after Donald Trump sweeps the polls, becoming the new President of the United States. With this, the token with fewer expectations of a breakout attracts massive volume and breaks out of range.

Uniswap price has seen an impressive uptick, ending a months-long lack of momentum that persisted since early July. Over the past 24 hours, UNI recorded a strong 35% rally, bringing renewed optimism for the altcoin.

AAVE faces mounting selling pressure as whales offload holdings, raising concerns of a potential downtrend

Uniswap was trading below the 50 and 200 EMA, indicating a potential long-term bearish trend.

AAVE, the governance token of the prominent lending protocol Aave, is experiencing downward pressure as large holders, or whales, initiated significant sell-offs early Tuesday.

Aave (AAVE) price has recently seen a sudden surge following a week of declines amid broader market corrections. The cryptocurrency now faces heightened volatility as the U.S. elections approach.

Amid the ongoing struggling cryptocurrency market, whales and institutions appear to be dumping Aave (AAVE) tokens.

Aave (AAVE) sank toward $130, while four whales unstaked their positions from the Aave vaults and sent the tokens to exchanges.

Aave is currently sailing turbulent waters as large whales appear to be selling off their holdings amid a period of downward pressure.

Uniswap price remained under pressure on Monday, November 4, falling for five consecutive days as whales continued dumping the token. UNI token retreated to $6.9, its lowest level since October 4, and down by 60% from its highest level this year.

Aptos also joined Uniswap as an underperformer, declining 7.6% from Friday.

Despite Uniswap's $2 trillion milestone, UNI's recovery remains uncertain amid persistent downtrend pressures.

The weekly market structure break six weeks ago was a sign of bullish intent, but the on-chain metrics weren't so.

Uniswap (UNI) is currently trading just below $8, following a recent rejection at a significant resistance level earlier this week. As this decentralized exchange navigates this pivotal point, technical indicators suggest a potential bullish breakout, making this an exciting time for traders and investors alike.

Render joined Uniswap as a top performer, gaining 2.6%.

A crypto investor's AAVE panic sale incurs a significant loss, underscoring the risks of emotional trading strategies in uncertain markets.

The next few days are crucial for determining the next chapter in AAVE's journey.

Uniswap (UNI) has partnered with MoonPay to enable users to buy cryptocurrency using Venmo, offering a seamless and direct way to access DeFi.

The rise in cbBTC on Aave has increased the share of recursively deposited USDC debt, putting users at risk of failure to repay their loans at the exit of USDC whales.

Bitcoin raised Uptober hopes as it approached the $73,949 ATH on 29 October, trading above $73,600 on leading exchanges. Despite being less than $300 away from its all-time highs, Bitcoin experiences reduced investor interest, signaling a potential crash in the near term. Bitcoin trades at $70,568 after dropping from its 24-hour high of $72,902.

Uniswap integrates Venmo via MoonPay, allowing users to easily buy crypto with Venmo balances and streamline DeFi access. The post Uniswap users can now buy crypto using Venmo via MoonPay appeared first on Crypto Briefing.

Uniswap Protocol saw its monthly L2 volume soaring to $18.23 billion this month, eclipsing the $7.34 billion recorded in 2023. The staggering surge indicates massive activity and robust growth in the UNI ecosystem. Such an environment supports impressive price actions for UNI in the upcoming sessions, with bulls targeting extending rallies to $12.01.

Uniswap (UNI) price has recently gained momentum, experiencing a significant price surge that signals a bullish trend in the market. Trading above a vital support level, UNI shows signs of strengthened momentum, reflecting an upward shift in investor sentiment.

The dramatic increase in trading volume indicates potential for sustained price growth and investor engagement.

Raydium continues to draw attention as the most active DEX on Solana. RAY tokens trade near their one-year high, with rising open interest in the past weeks.

The digital assets market experienced a significant surge in buying momentum on Tuesday, pushing Bitcoin well past $73,000. This uptrend has catalyzed notable increases in the altcoin market, with many tokens, including AAVE, indicating renewed momentum ahead of the much-anticipated Q4 2024 rally.

AAVE navigates a turbulent market, many are left wondering whether it can break through the critical resistance level at $165. Recent trends indicate that an upswing could be on the horizon, driven by a combination of technical indicators and on-chain metrics.

During Tuesday's U.S market session, the crypto market witnessed a surge in buying pressure as Bitcoin price rallied above $70,000. The AAVE price followed the bullish momentum along with most major altcoins, signaling renewed confidence in the Q4 bull run.