AAVE clears $130 supply zone as deposits surge past $800 million
Aave (AAVE)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Aave [AAVE] has decisively cleared the $130-supply zone established since February 2026. A rally beginning on Wednesday, 19th August, drove the DeFi token’s price from $87.54 to a peak of $145.09. This movement represented a 65.7% increase in under five days.
Market sentiment was bolstered by Bitcoin [BTC] momentum and news that Aave V4 deposits crossed $500 million on 19th August. By press time, those deposits had reached $800 million, reflecting strong market confidence. Active loans also crossed $216 million, indicating sizeable capital migration to the new architecture.
This real borrowing demand serves as a positive sign for Aave and DeFi liquidity. The swing structure remains bullish following the move above $118.87. The $120-$130 area, previously a supply zone, appears to have flipped to support.
Bitcoin’s price momentum has slowed, with the $80K-$82K resistance zone proving difficult to crack. AAVE’s price slipped from its $145 local high to $124 at press time. The On-Balance Volume (OBV) has trended higher since July, showcasing steady buying pressure.
The Relative Strength Index (RSI) reading of 66 reflected momentum that was still bullish. The $120-support zone is expected to hold if buying pressure is sustained. A drop below $112 would signal short-term bearishness and a potential pullback to $76-$91.
How the market reacted
Whalio's own Binance spot order flow for AAVE, measured when this story was written up on 28 August 2026. Not the outlet's figures.
At $128.09, AAVE is trading above the $120 support level identified in the report. The 1-hour buy ratio sits at 49.6%, while the 4-hour ratio is significantly higher at 61.7%. This divergence suggests that buying pressure is building over a slightly longer timeframe despite short-term equilibrium. The 24-hour buy ratio is 54.2%, indicating a moderate preference for buyers over the full day. Volume Delta for the 1-hour period is negative at -$13,732, showing immediate selling pressure. However, the 4-hour Volume Delta is positive at +$540,769, and the 24-hour delta is +$1,607,138. This confirms that net buying has dominated the recent trading sessions. The Cumulative Volume Delta (CVD) for the 24-hour close is +$1,014,085. There were 15 hours of net buying out of 24. Spot volume reached $19,152,428 with 222,501 trades.
The latest daily buy ratio of 47.5% sits at the 22nd percentile of the last 281 days, against a median of 49.8% - weaker buying than most days.
Twenty-four hours later
What AAVE did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for AAVE, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.5%. The latest day showed a buy ratio 3.6 points higher than this average. This indicates a slightly more bullish day compared to the weekly norm. Volume was 0.54 times the average, suggesting lower participation than usual. Price increased by 29.1% over eight days. The total Volume Delta for the period was +$7,687,573. Net buying occurred on 3 of the 7 days. This represents an unusual day in terms of volume intensity, despite the positive price action.