Key Takeaways
Why does the Wintermute withdrawal matter?
It reinforces whale accumulation around the demand zone while aligning with improving price momentum.
How does the CVD strength influence AAVE’s next move?
They show buyers controlling both spot and derivatives, increasing the probability of a breakout attempt.
Wintermute’s withdrawal of 24,124 AAVE, worth roughly $4.1M from Kraken on the 24th of November, has injected new confidence into AAVE’s market structure while reinforcing a notable shift in whale-side accumulation behavior.
The off-exchange movement reflects intent, not hesitation, because Wintermute rarely pulls this volume without a defined purpose.
Furthermore, the move aligns with AAVE’s developing rebound attempt inside its broader downtrend. The market now pays attention because whale liquidity shapes trend inflection points across volatile environments.
The withdrawal arrives as Aave [AAVE] trades inside its demand zone, creating a favorable confluence. This combination strengthens the idea that strategic buyers have started positioning for a stronger move.
AAVE buyers attempt to rebuild control
AAVE traded near $169 at press time after rebounding from its demand zone between $150 and $160. The chart showed a clear descending channel holding price for weeks, yet the recent bounce slightly broke the rhythm.
Buyers could now approach the first test at $179, which acts as the immediate resistance. However, a clean reclaim of that level opens room toward $232, where previous supply capped momentum.
Furthermore, the RSI climbed from 39 toward its moving average, confirming early momentum improvement. The indicator showed no divergence, but buyers now show intent.
Additionally, the demand zone reaction suggested that bulls defend value areas aggressively. This reaction creates the foundation for a possible mid-trend shift.
Source: TradingView
Is buyer aggression now building?
The Spot Taker CVD prints sustained buyer dominance over the 90-day window, reflecting stronger market buy aggression than sell-side pressure.
This matters because taker-side behavior reveals true conviction, not passive activity.
The indicator continues rising steadily, showing that buyers lift offers consistently while absorbing liquidity.
Moreover, this lines up with the recent demand-zone rebound, strengthening the argument for a developing trend shift.
Additionally, whales usually prefer entering positions when spot buy pressure starts outweighing reactive selling.
This combination forms a constructive rhythm, showing that market participants support price during critical retests. While confirmation still requires a break above $179, the CVD trend sends a strong early signal.
Source: CryptoQuant
Long traders dominate on Binance
This shift marked a clear sentiment swing, as traders previously leaned heavily bearish throughout the entire downtrend.
Rising long dominance usually appears near bottoms, especially when paired with a demand-zone reaction.
Additionally, liquidation data showed heavier short losses, which added pressure to exit bearish positions. This environment increased the chance of short squeezes when price pushes into the $179 resistance.
Furthermore, the consistent rise in long participation aligned perfectly with whale accumulation. Traders will now watch whether this collective positioning can fuel a decisive breakout.
Source: CoinGlass
AAVE now sits at a pivotal point because whales accumulate, buyers control spot flows, and long traders dominate derivatives positioning.
These aligned signals strengthened the idea that AAVE prepares for a rebound attempt from its demand zone. A clear break above $179 confirmed the shift and opens the path toward higher levels.
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