Aave (AAVE) — Onchain News & Whale Tracking

Aave Labs proposes to allocate 100% of protocol revenue to the DAO treasury, aiming to establish Aave V4 as the core framework

On February 13, Aave Labs rolled out its latest governance proposal, outlining the protocol’s next-phase strategic framework. Key details include: - Designating Aave V4 as the protocol’s core technological foundation for future development; - Directing 100% of revenue from Aave-branded products to the Aave DAO treasury; - Establishing a sustainable development budget mechanism; - Creating a funding framework to support the DAO’s strategic growth and advancement; - Implementing a brand protection scheme (including managing the Aave trademark via a dedicated structure). Aave Labs noted the protocol currently holds roughly a 60% market share in the decentralized lending space, with significant room for future growth. The proposal aims to lay institutional and technical groundwork for Aave’s next-phase expansion.

Garrett Jin Withdraws 77.48 Million USDT from Binance and Repays Aave Borrowing

On February 10, per LookOnChain data, the "BTC OG Insider Whale"—identified by agent Garrett Jin—has withdrawn 77.48 million USDT from Binance and repaid a loan on the Aave protocol.

A new address withdraws 60,000 ETH from Gate and deposits it into Aave, potentially for leveraged trading.

On February 8, per Onchain Lens data, a newly created crypto wallet withdrew 60,000 ETH (valued at $1.2296 billion) from Gate exchange and deposited the funds into Aave V3.

Within the past day, Aave's founder has sold a total of 6204 ETH, with 1700 ETH being exchanged for AAVE.

On-chain data analyst yujin reported on February 7th that Aave founder Stani.eth has continued selling 1,700 ETH (worth approximately $3.53 million) over the past 13 hours. Unlike prior transactions, the founder did not convert the ETH to USDC today—instead, the 1,700 ETH was swapped for 30,727 AAVE via single-sided liquidity provision. Over the past 24 hours, Stani.eth has sold a total of 6,204 ETH (valued at roughly $11.88 million) at an average price of $1,916 per ETH.

Aave Founder: Aave Protocol Liquidated Over $450 Million in Collateral Last Week

On February 6, Aave founder Stani Kulechov took to social media to note that the Aave protocol and the broader DeFi space had a highly resilient week. Over the past seven days, the protocol saw over $450 million in liquidations across multiple blockchains. For a DeFi protocol with over $50 billion in total value locked (TVL), this amounted to roughly 0.9% of its total deposits at the time. Aave also continued to generate incremental revenue during the period. While defaults can occur in lending, the protocol has built-in mechanisms to address these scenarios. Additionally, Aave V4 will launch with a new liquidation engine designed to boost the protocol’s flexibility and performance.

Aave Founder Stani.eth Wallet Sells 4,504 ETH at an Average Price of $1,855

February 6th — Per EmberCN monitoring, the on-chain address tied to Aave founder Stani.eth has sold 4,504 ETH over the past four hours, exchanging the proceeds for 8.36 million USDC at an average price of $1,855 per ETH.

An entity conducted a large-scale ETH dump on Hyperliquid to repay its loan on Aave

February 4th — Per MLM Monitor, a single entity is currently dumping large amounts of ETH via 11 wallets on Hyperliquid to repay a loan on Aave: In the past 5 hours, the entity has sold 31,700 ETH (≈$80.8M) on Hyperliquid; over the past 4 days, it has offloaded a total of 47,000 ETH (≈$120M). Currently, the entity still holds 49,600 ETH (≈$112M) as collateral on Aave, where it has borrowed $86M in USDC. As ETH prices fall, the position is near liquidation—pushing the entity to keep selling ETH to repay debt and avoid full liquidation. Relevant wallet addresses: 0xc1ae7B499fA724A4A5098d308eBAcb49B7272e2c 0xC7880fC94d88476c0df9272928645834E6F39854 0xdb906D0dfd17C05DF42B9A20EBd1287Ff88Cb13c 0xaDfFE2BEAfaE564E6FE372d660AA8b27767F2B33 0x04c58EE5E5FC5f56A824184c5d88e94B7cA4aA76 0x57f4Fb3bd619f50d0fe74aaaCff723494CfDE132 0x2BFA70961B22af71E41028E57D18AA23e640971e 0x0246B8b0CF8c681a14EefDDa6Db2f9f8Ae28DEF2 0x23B6820d1563a21Ba1D81631214fccBAd72982c2 0xe7CEAD883d

Aave announces gradual sunsetting of iOS Family, refocusing on DeFi business

On February 4, Aave founder Stani.eth announced the gradual shutdown of the Family iOS wallet, though it will continue supporting the Aave App as infrastructure. Aave Labs will no longer use the Avara umbrella brand — which includes the Family and Lens brands — as Lens is now managed by Mask. Aave plans to consolidate resources to boost the Aave brand’s visibility and refocus on its DeFi business.

Aave Founder Buys Five-Story London Mansion for Around $30 Million

On February 3rd, Aave founder Stani Kulechov bought a five-story Victorian mansion in London’s Notting Hill for ￡22 million (roughly $30 million)—one of the priciest residential deals in London’s high-end market over the past year. The transaction closed in November last year, with the final price about ￡2 million below the agent’s prior asking guidance. The property offers panoramic views of Notting Hill. Kulechov has not commented on the deal. Against a backdrop of the UK Labour government hiking stamp duty and scrapping tax breaks for ultra-high-net-worth foreign residents, London’s luxury housing market remains under pressure. Transactions for homes priced above ￡5 million fell by roughly 40% year-over-year in December 2025. In this climate, the deal stands out as one of the few bright spots in an otherwise sluggish market.

Bhutan's Sovereign Wealth Fund's Aave Lending Health Factor has dropped to 1.15

On-chain data as of January 30 shows the loan-to-value (LTV) ratio of the primary wallet of Bhutan’s sovereign wealth fund Druk Holdings on Aave briefly fell below 1.2, and is now reported at 1.22. Between January 19 and 20, an address linked to Bhutan’s sovereign wealth fund took a leveraged long position on ETH. As of press time, the address holds a total of 116,560 stETH, with an unrealized loss of approximately 15% relative to its cost basis. All of this stETH is currently deposited on Aave: the primary wallet holds 104,000 stETH (valued at roughly $2.84 billion) and has a loan amount of 200 million USDT. Additionally, an address associated with the Bhutanese government has just transferred 100.82 BTC (worth around $8.31 million) to QCP Capital’s address.

Trend Research deposits 36.39 million USDT into Aave as additional collateral

On January 29th, AI Auntie Monitoring detected that Yilihua's Trend Research withdrew 36.39 million USDT from Binance 15 minutes ago and then deposited the funds in batches as collateral on Aave.

Update: "BTC OG Insider Whale" New Address Holds 118,000 ETH on Aave

On-chain data shows that as of January 26th, a new address tied to the "BTC OG Insider Whale" withdrew another 12,000 ETH from Binance just 15 minutes ago, then deposited those funds into Aave. Latest figures indicate this address currently holds 118,000 ETH on Aave (valued at $343 million), has borrowed 180 million USDC, and maintains a Health Factor of 1.59.

「BTC OG Insider Whale」 slightly reduced position on HL platform's ETH long, while another address borrowed 60M USDC from Aave and deposited it into Binance

January 26th — Per HyperInsight monitoring (via its Telegram channel: https://t.me/HyperInsight), the "BTC OG Insider Whale" has reduced its ETH long position on Hyperliquid by 8,588 ETH over the past 10 minutes. As of press time, the whale still holds 214,752 ETH in 5x ETH long positions, valued at approximately $620 million. Additionally, the whale today moved 6,000 USDC (previously borrowed from Aave) to Binance from a newly created address. This address holds 106,000 ETH (valued at ~$308 million) on Aave, has borrowed $180 million in USDC, and maintains a current health factor of 1.42.

Single-day Collateralization of 106k ETH to Borrow 180M USDC, "BTC OG Insider Whale" New Address Withdraws Another 23k ETH to Deposit into Aave

On January 26, on-chain data shows the new address tied to the "BTC OG Insider Whale" withdrew an additional 23,000 ETH from Binance 10 minutes ago and subsequently deposited it into Aave. This address currently holds 106,000 ETH on Aave—valued at $308 million—has borrowed 180 million USDC, and maintains a current health factor of 1.42.

「BTC OG Insider Whale」 New Address Withdraws 11,000 ETH from Binance and Deposits into Aave

On January 26th, on-chain data reveals a Bitcoin OG insider whale address withdrew 11,000 ETH from Binance and deposited it into Aave just one hour ago—no additional actions have been recorded as of press time. Previously, the same address pulled a total of 22,000 ETH from Binance in two transactions over less than three hours, both deposited into Aave. During those withdrawals, 30 million USDC was withdrawn from Aave and sent back to Binance, pointing to a potential flash loan operation. Currently, the address holds 83,000 ETH on Aave (valued at $240 million) and has borrowed 120 million USDC, with a reported Health Factor of 1.66.

「BTC OG Insider Whale」's new address once again withdrew 11,000 ETH from Binance and deposited it into Aave to borrow 30 million USDC.

January 26 — Per Onchain Lens monitoring, a fresh address withdrew 11,000 ETH (worth ~$31.78 million) from Binance 40 minutes ago. The address then deposited those ETH into Aave V3, borrowed 30 million USDC, and returned to Binance to purchase additional ETH. Currently, the whale holds a total of 72,000 ETH, valued at approximately $208.5 million. BlockBeats Note: The address is labeled a "BTC OG Insider Whale" by another on-chain data tracker, LookIntoBitcoin.

This morning during the Ethereum dip, the Loan-to-Value ratio on Bhutan's Sovereign Wealth Fund Aave fell to below 1.2

On January 26, Ethereum briefly dipped below $2,800 this morning. The main wallet of Druk Holdings’ sovereign wealth fund saw its loan-to-value (LTV) ratio on Aave briefly fall below 1.2; it now stands at 1.22. Between January 19 and 20, an address linked to Druk Holdings’ sovereign wealth fund took a leveraged long position on ETH. As of press time, the address holds 116,560 stETH total, with the position sitting on an unrealized loss of ~10% from its entry price. The entire stETH position is deposited on Aave: the main wallet holds 104,000 stETH and has borrowed 200 million USDT.

「BTC OG Insider Whale」's new address withdrew 61,000 ETH from Binance to deposit into Aave or for a loop leverage operation

Jan. 26: LookOnChain monitoring indicates the "BTC OG Insider Whale" is not only deep underwater on a $7.79 billion BTC/ETH/SOL long position but is now running a circular leverage trade on ETH. Earlier today, the whale set up a new wallet, withdrew 61,000 ETH (≈$174.3 million) from Binance to deposit into Aave, then borrowed 60 million USDC from Aave and transferred it back to Binance.

HexTrust deposited 6230 AAVE tokens and $8.92 million USDC into Binance in the last 4 hours

Jan. 23 — Per The Data Nerd, HexTrust has deposited 6,230 AAVE tokens (≈$983k) and $8.92M in stablecoins to Binance over the past 4 hours.

Trend Research borrowed 30 million USDT from Aave and transferred it to Binance, with an overall leverage of about 2x

On January 20, per EmberCN monitoring data, Trend Research today borrowed an additional 30 million USDT from Aave and transferred the funds to Binance. - Since November last year, the institution has been dollar-cost averaging (DCA) into ETH via leverage. It currently holds 626,000 ETH (valued at ~$1.94 billion) with an average cost of ~$3,186, and an unrealized loss of ~$50 million. - The firm’s total borrowings on Aave stand at $1 billion, representing approximately 2x leverage.

Aave's historical total loan issuance is approaching $1 trillion

Jan. 20 — Official data shows total loans issued by decentralized lending protocol Aave from January 2020 through January 2026 have neared $1 trillion.

A whale has increased its holdings by 11,089 AAVE, now owning 355,093 AAVE

On Jan. 16, Onchain Lens monitoring shows that whale address 0xE9D withdrew 11,089 AAVE (≈$1.9M) from Kraken—its first withdrawal in a month. Currently, the whale holds a total of 355,093 AAVE, valued at roughly $59.15M, and has a debt of $30M.

Binance Will Delist 2Z/FDUSD, AAVE/FDUSD, and Other Trading Pairs

Binance announced on January 15, 2026, that based on a recent audit, it will delist the following trading pairs and cease trading for them effective **January 16, 2026, 11:00 UTC+8**: 2Z/FDUSD, AAVE/FDUSD, A/BTC, APE/FDUSD, API3/BTC, ARB/FDUSD, EUL/BNB, FET/FDUSD, HMSTR/FDUSD, LAYER/BTC, LAYER/FDUSD, MIRA/BNB, OP/FDUSD, ORDI/FDUSD, PYTH/FDUSD, TRX/FDUSD, WCT/BNB, YB/FDUSD, ZBT/BNB, ZKC/FDUSD

Aave DeFi Loan Market Share Surpasses 50%, Current TVL $35.833 Billion

On January 14, data from DefiLlama reveals that Aave’s share of the DeFi lending market has exceeded 51.3% — marking the first time since 2020 that a single protocol has claimed over 50% of usage in the space. Below are the top 10 DeFi lending protocols by Total Value Locked (TVL): - Aave: ~$35.833B TVL | ~51.3% market share - Morpho: ~$6.861B TVL | ~9.8% market share - JustLend: ~$4.015B TVL | ~5.8% market share - SparkLend: ~$3.811B TVL | ~5.5% market share - Maple: ~$2.724B TVL | ~3.9% market share - Kamino Lend: ~$2.402B TVL | ~3.4% market share - Compound Finance: ~$2.051B TVL | ~2.9% market share - Venus: ~$1.799B TVL | ~2.6% market share - Fluid Lending: ~$1.545B TVL | ~2.2% market share - Jupiter Lend: ~$1.131B TVL | ~1.6% market share

WLFI Reserve Address withdrew 162.69 WBTC from Aave and swapped 27.1 WBTC for 770.6 WETH

Per on-chain analyst Ai Yi (@ai_9684xtpa), the WLFI Strategic Reserve address withdrew 162.69 WBTC (≈$15.07 million) from Aave 10 minutes ago. It then swapped 27.1 WBTC for 770.6 WETH via Cowswap (valued at ~$2.5 million) and appears to be continuing the swaps.

Liquidated a new address's AAVE and PEPE short positions, resulting in a $24,000 loss

Jan. 6 — HyperInsight monitoring shows a new address liquidated its position this morning, including 2,901.83 AAVE shorts and 440,308,509 kPEPE shorts, resulting in a total loss of $24,000.

Aave Labs has committed to sharing protocol-generated revenue with token holders, AAVE surges over 10% in 24 hours

On January 3rd, Aave founder Stani Kulechov took to the project’s official governance forum to announce that Aave Labs is committing to sharing protocol-generated revenue with token holders amid recent community discussions. “Alignment of interests is critical for both Aave Labs and AAVE token holders,” Kulechov noted, adding that an official proposal outlining the specific mechanics will be released soon. The upcoming proposal will lay out a framework to support this long-term vision while fully safeguarding the DAO and AAVE token holders. Per HTX market data, AAVE has surged 10.69% over the past 24 hours—likely driven by this news and the broader market rotation rally—currently trading at $165.

Bitwise has filed for an 11-cryptocurrency strategy ETF, involving tokens such as AAVE, UNI, ZEC, and others

On December 31, Bitwise Asset Management filed applications with U.S. regulators for 11 cryptocurrency strategy exchange-traded funds (ETFs), covering a mix of mainstream and emerging crypto assets including AAVE, UNI, ZEC, ENA, Hyperliquid, NEAR, STRK, SUI, TAO, TRX, and others. The proposed ETFs are: - Bitwise AAVE Strategy ETF - Bitwise UNI Strategy ETF - Bitwise ZEC Strategy ETF - Bitwise CC Strategy ETF - Bitwise ENA Strategy ETF - Bitwise Hyperliquid Strategy ETF - Bitwise NEAR Strategy ETF - Bitwise STRK Strategy ETF - Bitwise SUI Strategy ETF - Bitwise TAO Strategy ETF - Bitwise TRX Strategy ETF Ticker symbols and management fees for these products have not been disclosed. Per the filing documents, the ETFs are expected to become effective on March 16, 2026. For investment strategy, each ETF plans to allocate roughly 60% of assets directly to its target cryptocurrency, 40% to exchange-traded product (ETP) instruments tracking the same asset, and m

21Shares deposited 8900 AAVE into Coinbase Prime

On December 30, per monitoring by The Data Nerd, ETP issuer 21Shares deposited its final 8,900 AAVE tokens—valued at roughly $1.34 million—into Coinbase Prime.

The monthly profit of 「pension-usdt.eth」 has reached $14.59 million, proposing once again to deposit $10 million of profit into AAVE for interest.

December 28 — According to Coinbob Popular Address Monitor (via https://t.me/Coinbob_track_CN), a whale address labeled "pension-usdt.eth" has moved large profits earned on Hyperliquid into the yield farming space. The address recently withdrew ~$10 million from Hyperliquid and immediately deposited the funds into AAVE to lend and earn stable compound interest. Its total AAVE lending now stands at ~$30 million. Alongside those transactions, the whale opened an ETH short position at $2,918 at 1 AM ET yesterday and has been steadily adding to the position. The current total short position totals ~$88.33 million, with an average entry price of $2,928 and a liquidation price of $3,849 — making it the largest ETH short position on Hyperliquid. Monitoring also shows the whale has raked in ~$14.59 million in swing trading profits on Hyperliquid over the past 30 days. Its strategy relies on low leverage, short holding periods (average ~23 hours), and focuses primarily on BTC and ETH t

A whale has accumulated 30,003 AAVE over the past four days, with an average price of $156.65

On December 27, per Onchain Lens data, a whale spent 1,086 ETH (valued at $3.17 million) to purchase 20,375 AAVE. Over the past four days, the same whale has accumulated 30,003 AAVE by spending a total of 1,586 ETH ($4.7 million), with an average entry price of $156.65 per token. Currently, the whale holds 59,955 AAVE (worth $9.24 million) and has an unrealized loss of $4.26 million.

Aave Founder Responds to DAO Controversy: Will Enhance Aave Labs' Alignment with AAVE Holders’ Interests Mechanism

December 26th — Aave founder Stani Kulechov said the recent DAO vote controversy reflects normal tensions in decentralized governance, and acknowledged a lack of prior communication to align Aave Labs with AAVE holders’ interests. Stani noted Aave DAO’s annual revenue has hit $140 million, exceeding the total from the past three years, with its treasury funds fully controlled by AAVE holders. Regarding the $15 million AAVE purchase he made, Stani emphasized those tokens did not participate in the recent vote, and the purchase was motivated by confidence in the project’s long-term growth.

Wintermute CEO: Will Vote Against Aave's New ARFC Proposal

On December 26, Evgeny Gaevoy—founder and CEO of Wintermute—stated that Wintermute will vote against an ARFC governance proposal focused on transferring control of AAVE’s brand assets to token holders. Gaevoy noted the proposal lacks specific details, highlighting critical uncertainties: how the entity managing AAVE’s frontend and brand will be governed, whether it operates as a for-profit entity, and its overall operational framework. Token value capture is a core challenge for AAVE, with a significant expectations gap between AAVE Labs and a large segment of token holders. Wintermute has invested in AAVE since 2022 and actively participates in its governance. Gaevoy expressed hope that AAVE Labs will meaningfully address the token value capture issue, which could serve as a model for other tokens.

A whale opened a $31 million short position on BTC and a small short position on AAVE

On December 26, per monitoring from HyperInsight (via its Telegram channel at https://t.me/HyperInsight), a bearish whale on Hyperliquid has once again shorted BTC and AAVE. The whale’s current BTC short position is valued at approximately $31 million, with an entry price of $87,718.8. For AAVE, the short position totals around $100,000, entered at $150.

Yi Lihua's Trend Research borrowed $20 million from Aave an hour ago and deposited it into Binance.

**Dec 24 Crypto Brief** 1. Per Arkham monitoring: An address tied to Trend Research (Yihua Group’s subsidiary) borrowed $20 million from Aave and transferred the funds to Binance in the past hour. 2. Today’s update: Yihua Group’s investment arm Trend Research has amassed 46,379 ETH (valued at ~$137 million) via leveraged borrowing. 3. Yihua Group statement: “Trend Research is prepping an extra $1 billion to keep accumulating ETH.”

Whale Dump, Community Dispute Cause AAVE Price Volatility, Whale Opens 7x Short Position Betting Against AAVE

On December 24th, per monitoring from HyperInsight, a whale sold off AAVE tokens, triggering a sharp price drop amid the Aave community’s contentious protocol upgrade. Subsequently, the address starting with “0x3c7” opened a 7x-leveraged short position on AAVE with a size of $2.42 million, an average entry price of $151, and a liquidation price at $173. It currently sits on a 17% unrealized profit, making this the largest AAVE short position on Hyperliquid. Beyond this position, the address has also placed a $780,000 limit sell order at $154 that remains unfilled. Additionally, it has set take-profit and stop-loss levels for the position: targeting partial profit-taking at $136 and a stop-loss at $196.

A whale withdrew 12,287 ETH from Binance, deposited it into AAVE to borrow 20 million USDT, and then bought back 6,787 ETH.

On December 24th, monitoring by The Data Nerd indicates that 8 hours ago, Whale 0xB85 withdrew 12,287 ETH (valued at approximately $36.04 million) from Binance. The whale then deposited the ETH into AAVE to borrow 20 million USDT, thus accumulating an additional 6,787 ETH. In total, the whale has accumulated 40,974 ETH (valued at roughly $121 million) and borrowed 63 million USDT from AAVE.

An address newly created on Binance withdrew 40,975 ETH and deposited it into Aave V3 to borrow 63 million USDC.

On December 24th, per Onchain Lens monitoring, a new address withdrew 40,975 ETH (valued at $121.05 million) from Binance over the past 2 hours. The funds were subsequently deposited into Aave V3, and the wallet then borrowed 63 million USDT.

AAVE's continued decline led to multiple liquidations of long positions on Hyperliquid, with the founder "self-funding a market rescue" now facing a $2 million unrealized loss.

December 23 — Per monitoring from HyperInsight (via its Telegram channel), a leading long whale address (0x074) on Hyperliquid has been liquidated multiple times and fully wiped out over the past 15 hours, driven by AAVE’s continuous decline yesterday and this morning. The short-term liquidation volume totals approximately $1.19 million. This long position was opened on November 16 at an average price of $189. On-chain analyst Yu Jin reported that Aave founder Stani Kulechov once again bought the dip in AAVE tokens this morning. Earlier today, Stani withdrew 1,699 ETH (worth roughly $5.17 million) from Kraken and purchased 32,658 AAVE at an average price of around $158. Notably, this marks Stani’s second recent dip buy. He began accumulating AAVE on December 16, when governance tensions escalated between the Aave development team and the community DAO. Statistics show that since the start of this governance dispute, Stani has spent a cumulative 5,000 ETH (≈$14.84 million) to buy

Aave Founder Buys 32,660 AAVE at an Average Price of $157.78

Dec. 23rd — Per Onchain Lens data, Aave founder Stani Kulechov used 1,699 ETH (approximately $5.15 million) to purchase 32,660 AAVE tokens at an average price of $157.78 each. He currently holds 84,033 AAVE tokens, valued at $12.6 million, with an unrealized loss of $2.29 million so far.

After 6 months of silence, a whale increased their holdings by 9,629 AAVE, bringing their total holdings to 39,213 AAVE with an unrealized loss of $4.15 million.

December 22 — Per LookOnChain data, whale address 0xDDC4 reentered the market following six months of inactivity, using 500 ETH (≈$1.53 million) to purchase 9,629 AAVE. Over the past year, the whale has accumulated 39,213 AAVE total, with a total cost of ~$6.2 million and an average entry price of $264. At current prices, its holdings are facing an unrealized loss of ~$4.15 million.

Aave Founder: New ARFC Proposal Vote Fully Legal and Compliant with Governance Framework

On December 22, Aave founder Stani.eth tweeted that tomorrow’s “Brand Asset Ownership Transfer to Holders” ARFC proposal vote is fully legitimate. Over the past five days, all stakeholders have discussed the matter and finalized a timeline for the ARFC proposal. The snapshot also complies with the protocol’s governance framework requirements. Voting, he noted, is the best way to resolve the issue and the ultimate path to effective governance. The leading lending protocol Aave is caught in a storm of public debate, with its community recently locked in intense discussions over its revenue distribution mechanism and brand ownership. AAVE, the protocol’s native token, has dropped 8.9% in the past 24 hours, now trading at $161. Earlier reports stated the Aave community will launch the “Brand Asset Ownership Transfer to Holders” ARFC proposal vote on Snapshot tomorrow at 10:40 AM, running through December 26. The proposal aims to clearly define ownership, usage rights, and related ter

Large On-chain Whale Sold Significantly Before "Aave Brand Decentralization" Proposal Launch Announcement, AAVE Plunges 12% This Morning

December 22 — On-chain analyst Yu Jin noted that large-scale selling was the main driver behind AAVE’s price drop this morning. The second-largest AAVE-holding whale address sold 230,000 AAVE tokens (worth ~$38 million) between 5:40 and 7:05 AM today, converting all proceeds into 227.8 WBTC and 5,869.4 stETH. These AAVE tokens were purchased from late last year to early this year at an average cost of ~$223.4. The sell-off at an average price of ~$165 is expected to incur a $13.45 million loss. HyperInsight monitoring data shows that due to AAVE’s short-term price drop this morning, the top bullish whale (address 0x074) on Hyperliquid saw its unrealized loss expand to 176% today. The whale holds a long position opened on November 16 with an average entry price of $189 and a position size of ~$1.2 million. Earlier today, the Aave community announced it will open voting on the “Brand Asset Control Transfer to Holders” ARFC proposal via Snapshot tomorrow at 10:40 AM. Voting runs

Tomorrow, the Aave community will start voting on the "Asset Branding Control Transfer to Token Holders" ARFC proposal.

On December 22, Aave’s community will launch voting on the ARFC proposal titled “Brand Asset Ownership Transfer to Tokenholders” via Snapshot tomorrow at 10:40 AM. Voting will run through December 26. The proposal covers clear definitions of Aave’s brand assets and intellectual property—including domains, social media accounts, naming rights, and more—as well as usage rights and related terms. It also grants the DAO governance control over these assets.

A whale has liquidated over 230,000 AAVE, exchanging it for stETH and WBTC

On Dec. 22, Onchain Lens data shows a whale has sold all 230,350 of its AAVE tokens over the past 3 hours, swapping them for 5,869.46 stETH (≈$17.52M) and 227.8 WBTC (≈$20.07M).

Binance: Dual Investment for ASTER, ENA, ZEC, UNI, and AAVE

Starting at 16:00 GMT+8 on December 18, 2025, Binance Dual Investment will add support for the following new tokens: Aster (ASTER), Ethena (ENA), Zcash (ZEC), Uniswap (UNI), and Aave (AAVE). Supported trading pairs include: ASTER/USDC, ASTER/USDT, ENA/USDC, ENA/USDT, ZEC/USDC, ZEC/USDT, UNI/USDC, UNI/USDT, AAVE/USDC, AAVE/USDT. Available subscription tokens: ASTER, ENA, ZEC, UNI, AAVE, USDT, or USDC.

A Whale Bets on Ethereum's OG DeFi Token, Adds to ETH, LINK, AAVE, UNI Position

On December 17th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that a new address (0xDE2…E4613) has placed a large bet on the Ethereum DeFi ecosystem. Two hours ago, the address withdrew a $17.8 million token bundle from Binance, including ETH, LINK, AAVE, UNI, POL, and COMP. ETH makes up 95% of the portfolio ($16.93 million), with withdrawals executed at an average price of $2,935.55 per ETH.

BGD Labs Co-founders have released the "AAVE Token Alignment" proposal to empower AAVE token holders with control over Aave-branded assets

Ernesto Boado, core contributor to Aave and co-founder of BGD Labs, proposed the “AAVE Token Alignment” on December 17. The initiative aims to grant AAVE token holders control over Aave’s brand assets—including domain names, social media accounts, and naming rights. These assets will be managed by an entity controlled by a DAO (with the specific definition to be finalized later) and will feature robust anti-takeover safeguards. As a result, the proposal mandates that any party currently overseeing these assets—regardless of their identity—must uphold their responsibilities both in principle and in practice.

Aave Reveals 3 Key Strategic Pillars for 2026: Aave V4, Institution-Focused RWA Market Horizon, and Mobile Aave App

On December 17th, Aave founder and CEO Stani.eth took to social media to outline the decentralized finance (DeFi) protocol’s multi-decade vision: onboarding trillions of dollars in assets to Aave and bringing millions of new users onto blockchain networks. Stani.eth noted this has been Aave’s most successful year to date, with peak deposits hitting $75 billion, $885 million in generated fees (accounting for 52% of all DeFi protocol fees—more than the sum of its next five competitors combined), and a current scale comparable to the top 50 banks in the U.S. Aave also holds 59% of the DeFi lending market share and 61% of all active DeFi loans. Aave’s 2024 strategy centers on three core pillars: Aave V4, Horizon, and the Aave App. Aave V4—a full redesign of the protocol—will position Aave as infrastructure for all financial activities, enabling it to support trillions in assets. By 2026, the team plans to partner with fintech firms, DAOs, and other stakeholders to steadily grow to

The SEC Concludes 4-Year Investigation into the Aave Protocol

On December 17, Aave CEO Stani.eth announced in a social media post that the U.S. Securities and Exchange Commission (SEC) has concluded its four-year investigation into the Aave protocol. To safeguard Aave, its ecosystem, and the broader decentralized finance (DeFi) space, the process required substantial effort and resource allocation from the team and founders. In recent years, DeFi has faced unfair regulatory scrutiny. Aave is pleased to break free from these constraints and enter a new era where developers can truly build the future of finance. DeFi will prevail.