Founder of DeFiance Capital: AAVE is approaching its cyclical peak, possibly driven by institutional funds buying in
DeFiance Capital founder and CEO Arthur Cheong posted on X, stating: "Despite the overall market weakness, the price of AAVE is close to its cyclical high. This could be due to institutional funds buying in order to claim ownership of Aave in their year-end reports, as one of the best-performing DeFi assets and a significant representative of the future of finance."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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