AAVE price structure shifts as Blockchain Capital's $24.31M Coinbase deposit meets falling exchange reserves
Blockchain Capital transferred 216,292 AAVE worth $24.31M to Coinbase while overall exchange reserves slipped to $243.59M, pointing to tighter circulating supply. AAVE has broken out of a multi‑month descending channel and is holding support near $100, with price hovering around $111–$112 and MACD readings signaling fading bearish momentum. Spot Taker CVD has turned buy‑dominant and a liquidation cluster near $116 could attract price if buyers keep absorbing new sell‑side liquidity.