According to @lookonchain, wallet 0xE9D0 purchased 17,779 AAVE valued at about 3.31 million dollars around 7 hours ago and now holds 310,617 AAVE valued at about 59.3 million dollars, source: @lookonchain. The new buy equals roughly 5.7 percent of the wallet’s reported AAVE stack, a material size for on-chain tracking by traders, source: @lookonchain. Traders can monitor address 0xE9D0 for any transfers to exchanges or DeFi protocols to evaluate liquidity and supply dynamics in AAVE, source: @lookonchain.

According to @MilkRoadDaily, AAVE is trading above $280 as of Aug 8, 2025, more than doubling from their August 2024 call at $128 (source: @MilkRoadDaily on X, Aug 8, 2025). The post frames this move as a reminder that risk/reward can favor protocols that continue building, positioning AAVE as a DeFi outperformer in this cycle (source: @MilkRoadDaily on X, Aug 8, 2025). For context, Aave is a leading DeFi lending protocol and AAVE is its governance and staking token, which traders often monitor for sector momentum (source: Aave documentation).