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Ethereum whales are buying DeFi tokens after the market drop 🎯🚀?

Ethereum whales are buying DeFi tokens after the market decline.
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The repurchase of Aave may enhance the price of the token.
Ethereum whales are moving to RWA tokens
Whale investors are reallocating decentralized finance tokens (DeFi), as the entire ecosystem has been affected by the recent decline in the value of Ethereum (ETH). The buying is focused on major lending protocols, which have retained a significant portion of their value despite the market correction.

Decentralized finance lending protocols (DeFi) remain in demand, as whale investors are regrouping their positions in some of the most important decentralized finance assets. After a tumultuous day, whale investors returned, repurchasing leading tokens at discounted prices. Tokens were not the main focus, as major traders also bought during the dip in the price of Ethereum (ETH). Nevertheless, key decentralized finance protocols managed to reverse their recent price declines.

According to Alphanomics data, flows have returned to the best performance in each category. In the case of the Ethereum DeFi system, Aave (AAVE) is the optimal choice.
The repurchase of Aave may boost the price of the token.
The Aave lending protocol witnessed purchases from 200 whales totaling 9.15 million dollars. Following the recent inflows, the price of AAVE rose from its low of 116.32 dollars to 132.49 dollars.

The main idea behind Aave is a token economy application that will include buybacks. This new platform policy may allocate up to one million USD for token buybacks weekly.

As of April 7, the buyback process is still in the proposal stage and has been put forward for discussion by the Aave community. The buyback process was first mentioned in a temporary review that received broad approval in the summer of 2024. Since then, Aave DAO has increased its available reserves by 115%.

The current value of Aave DAO is 115 million USD, having achieved growth despite market fluctuations. The organization retains its funds even after financing Aave Labs and distributing merit-based incentives. The fund may provide regular liquidity injections, enhancing Aave's presence.

This protocol is also highlighted for its wide adoption in the field of cryptocurrency lending. Despite the market slowdown and the volatility of Ethereum prices, the Aave protocol and other lending protocols have remained essential for cryptocurrency activity.

The Aave platform witnessed higher fundamental activity in the first quarter, as it weathered the decline in ETH value without significant outflows from lenders and borrowers. Aave holds over $16.4 billion in total value locked. However, in the past day, the platform withdrew over $11 million from its native stablecoin GHO. The supply of GHO decreased from over $211 million to $200 million, as the platform burned its tokens due to falling demand and liquidations. Recently, the supply of GHO reached an all-time high exceeding $214.38 million.

Ethereum whales are moving to RWA tokens.
Whales also chose assets associated with the symbolic narrative RWA. Approximately $9.1 million flowed into Chainlink (LINK), raising the asset's value to $11.52. LINK also bounced back from its lows after dropping to the $10 range. ?