Analytics

AAVE Price Prediction: $1 Billion in High-Risk Loans Spread Correction Fear

09.06.2024

AAVE Price Prediction: The cryptocurrency market witnessed a renewed supply pressure this week as the Bitcoin price plunged below the $70000 mark. The overhead supply hints at an extended consolidation for several top assets, including AAVE as it loses the $100 psychological level. Moreover, the volume of high-risk loans on the Aave Protocol reaching new heights creates a liquidation risk for buyers if the broader market takes another dip.

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09.06.2024
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