Whales Accumulate Over $3.1 Million in AAVE During Market Weakness
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Whale Accumulation of AAVE: During market weakness, whale wallets increased AAVE holdings by over 12% on December 23, reaching nearly 184,000 tokens, which added over 20,000 tokens valued at approximately $3.1 million, indicating confidence amidst uncertainty.
- Institutional Interest Rising: Institutional-linked wallets also raised AAVE holdings by over 13%, totaling nearly 275,000 tokens valued at around $5 million, reflecting strong long-term confidence in the asset.
- Renewed Whale Interest in Cardano: Wallets holding between 100 million and 1 billion ADA increased their balances by about 100 million ADA after December 20, valued at approximately $36 million, demonstrating patience and confidence despite slow price movement.
- Sustained Demand for Chainlink: Chainlink continues to attract strong whale demand, with one wallet purchasing over 360,000 LINK from Binance for roughly $4.5 million, showcasing a trend of steady accumulation during market cooldowns.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








