Aave founder Stani Kulechov added $4.77 million in AAVE liquidity to Uniswap, deepening market activity as the token recovered from a June low near $58. Tokenized commodities deposited across DeFi reached $133.3 million, with Aave holding $51.3 million across its V2, V3, and V4 protocols. Combined, Aave and Uniswap represented roughly 86% of those deposits. However, AAVE exchange reserves jumped 7.59% in 24 hours, bringing the dollar-denominated value held on exchanges to approximately $415.2 million. The token broke above $147.64 resistance and traded near $154, with the next key level at $160.
Aave founder Stani Kulechov supplied another $4.77 million in AAVE liquidity to the Uniswap decentralized exchange, according to a reported deployment. This supply introduced deeper market liquidity as AAVE continued recovering from its June local low around the $58 demand zone.
Beyond Kulechov’s liquidity deployment, tokenized commodities deposited across DeFi reached $133.3 million, with Aave holding $51.3 million across V2, V3, and V4, as stated. Combined, Aave and Uniswap represented around 86% of those reported tokenized commodity deposits.
Contrastingly, supply conditions provided a clear counterweight. According to CryptoQuant, AAVE exchange reserves jumped 7.59%, bringing the total dollar-denominated value held across exchange wallets to approximately $415.2 million in 24 hours. Higher exchange availability usually increases potential selling pressure, especially after the token climbed roughly 2.7 times from its June local low.
Despite the reserve increase, buyers pushed through a key resistance level. On the daily chart, AAVE broke above the $147.64 resistance and extended toward $154.39. The RSI strengthened toward 66.61, remaining below the 70 overbought threshold and leaving room for additional advance. A successful break of the $160 resistance could expose the $180 zone.
The Binance Liquidation Heatmap showed liquidation clusters above price around the $157–$162 region. These clusters could attract price upward as long as buyers maintain pressure. However, meaningful liquidity also remained below price around $151 and $148, though AAVE had likely already collected much of it during the rally.
