Aave Price Prediction: Arthur Hayes Makes Bold $374K Move

Arthur Hayes Purchases 1,630 AAVE Tokens for $374K Bet on DeFi

Arthur Hayes, the former BitMEX CEO, has recently made a significant acquisition in the Aave ecosystem. According to a tweet by Lookonchain, Hayes spent a total of 374,999 USDC (USD Coin) to purchase 1,630 tokens. This move comes as Aave’s token price stands at approximately $230 each.

Arthur Hayes Makes Bold Move, Purchases 1,630 AAVE for $374,999

The blockchain recorded the transaction, and two separate transfers could be seen. The initial transaction reflects the exchange of 1,629.96 Coins, which is worth more than 374,000 USDC, between an address associated with FalconX, an online marketplace of liquidity in digital assets.

Source: Lookonchain data

The second transfer consisted of a minor amount of tokens of only 0.0369, and the same sum of 374,999 USDC was transferred. These happenings point to a tactical plan by Hayes to be placed in the Aave governance token implying a possible optimistic view of the decentralized finance (DeFi) protocol.

The move, which took place a few hours prior, shows that Hayes remains interested in the DeFi sector. His engagement in Aave could be an indication of a bet in the future of the platform since the altcoin has been among the prominent features of decentralized lending and borrowing.

Aave protocol enables individuals to borrow and lend cryptocurrencies that may continue to grow as more institutional and retail investors join the DeFi.

Price Eyes Key Demand Zones for Reversal

Crypto analyst reports indicate that the price, a major cryptocurrency, has recently dipped below its ascending channel. The Altcoin is now heading towards two crucial demand zones that could provide potential support. 

The Altcoin is now heading towards two crucial demand zones that could provide potential support. 

Source, tweet

Traders are closely watching the first zone, between $210 and $230, and the second zone, between $160 and $180, in case of a bounce-back.

Analysts indicate that if it recovers in the ranges, the ranges offer a prospect of a possible long setup. 

As the price has broken through the channel, market participants are keeping a close eye on these demand zones, looking for signs of a reversal that could offer favorable conditions for entering the market. 

The price traded at $273 on September 23, 2025, showing an increase of +2%. This upward movement comes after the price tested key support levels, bouncing back from $270. 

The price has been in the range of between $270 and $320 in the recent weeks, and the market price is closer to the lower side of the range.

Source: TradingView

According to the MACD (Moving Average Convergence Divergence) chart, there is a bearish trend because the MACD line remains below the signal line.

The Relative Strength Index (RSI) is positioned at 37, which is slightly oversold, indicating that it is just below the 40 mark.