Stani Kulechov, founder of the DeFi giant Aave, recently purchased 32,660 AAVE tokens worth approximately $5.15 million at $158 per token. This acquisition marks part of his ongoing accumulation strategy, bringing his total buys over the past week to 84,033 AAVE, invested at an average price of $176, highlighting strong confidence despite market fluctuations.
Source: Lookonchain
Currently, Kulechov faces an unrealized loss of $2.2 million, reflecting recent volatility in AAVE’s price. His repeated purchases underscore faith in the long-term prospects of the protocol, signaling resilience to the DeFi community. Analysts note that high-profile insider activity like this often impacts market sentiment, reinforcing trust among investors while highlighting the risks and rewards of doubling down on one’s own project.
Also Read: AAVE Price Could Retest $215 After SEC Investigation Concludes Today
This weekly chart of AAVE indicates an overall downtrend since late 2025, preceded by a peak in mid-year. Prices have just experienced a steep decline in value, with long red bodies on the candlesticks reflecting very strong bearish market momentum. Bollinger Bands are expanding to reflect rising volatility, with prices close to the lower band of $122, perhaps providing temporary support. All major EMAs are above.
Source: TradingView
Technically, possible points of resistance can be noted around $162 (200-week EMA), $199 (100-week EMA), $216 (50-week EMA), $224 (short-term EMA), and $240 (upper Bollinger Band). The fall below the 200-week EMA confirms a higher probability of further fall unless support is provided near $122. Looking at the chart, volatility seems to remain strong and predominantly negative.
The AAVE token is giving bearish indications and indicating a possible fall of 15% in the medium-term charts. Crucial support levels to focus on are around $134 to $125 and then $112 to $100. It is suggested that levels around $100 may represent a bottom for a prolonged period; levels around $110 to $115 may represent a weekly double bottom.
Source: Crypto_Jobs
The bearish forecast would be rendered incorrect if the AAVE token manages to break above the levels of either $185 or $200, in addition to other resistances in the uptrend. Until such a point, it would be advisable for all traders to prepare for a slow move towards the support levels.
Also Read: Aave Price Surge: Can AAVE Hit $215 Soon?

