Key Notes

AAVE trades near $250 with a possible bullish inverse head and shoulders pattern.

Two whales bought over $7.5 million in AAVE following Umbrella’s launch.

Umbrella slashing system aims to improve protocol safety and capital efficiency.

Aave AAVE $250.7 24h volatility: 4.0% Market cap: $3.80 B Vol. 24h: $472.64 M is currently trading around $250, down by 4% in the past day. Although the 29th largest cryptocurrency has seen a market cap decline of over $200 million, bullish momentum is steadily growing among traders and analysts.

This optimism follows the recent launch of Aave’s new “Umbrella” system , a fully on-chain, staking-based risk management mechanism designed to improve capital efficiency and automated coverage of bad debt.

Umbrella re

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