Aerodrome Finance price drops ahead of October 21 merger
Aerodrome Finance (AERO)
tradersunion.com reports that Aerodrome Finance (AERO) is trading at $0.7871, down 8.07% on the day. The project is preparing for the launch of the Aero protocol on October 21, which will consolidate operations from both Aerodrome and Velodrome into a single multichain framework. This unification across seven blockchain networks aims to streamline liquidity and enhance cross-chain activity.
However, the transition period introduces operational uncertainty and cautious sentiment among traders. On the H1 chart, AERO trades below its MA-20 at $0.8304 and MA-50 at $0.8603. The daily timeframe shows the price remaining above the MA-200 at $0.45.
Technical indicators show mixed signals, with the Ichimoku Kijun at $0.8328 serving as immediate resistance. MACD signals a Sell, while momentum oscillators like RSI and Stoch RSI indicate oversold conditions. Analysts note that traders should monitor $0.8328 as a key resistance level that could signal a potential shift in momentum.
How the market reacted
Whalio's own Binance spot order flow for AERO, measured when this story was written up on 28 September 2026. Not the outlet's figures.
Whalio data shows AERO trading at $0.8417, with a 24-hour buy ratio of 56.4% indicating net buying pressure over the day. This contrasts with the 1-hour buy ratio of 46.3%, suggesting that short-term selling pressure has eased into broader buying. The 4-hour buy ratio sits at 51.8%, showing a slight shift toward buyers compared to the immediate hour. Volume delta turned positive over 24 hours at +$621,493, while the 1-hour delta was negative at -$19,932. This means that while recent hourly flow was net selling, the cumulative daily flow reflects net buying. CVD closed at +$623,729, confirming that buyers dominated the session volume of $4,818,272.
The latest daily buy ratio of 52.9% sits at the 69th percentile of the last 91 days, against a median of 50.2% - ordinary for this coin.
Was that an ordinary day?
The same Binance spot measurements for AERO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 51.8%, compared to today's 56.4%, showing a +4.6 point increase in buying interest. Spot volume today was 0.71x the weekly average, indicating lower-than-normal trading activity despite the higher buy ratio. The coin saw a +27.8% price change over eight days, with a total volume delta of +$3,360,153. This suggests that while today's volume is subdued relative to the weekly norm, the upward price trend and net buying remain intact. Trading occurred on 4 of 7 days with net buying, highlighting intermittent but persistent demand.