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**Stani Continues to Increase AAVE Holdings, On-Chain Data Reveals Founder's Strategic Layout**
According to data from on-chain monitoring platforms, AAVE founder Stani Kulechov recently made a significant token acquisition on Ethereum. By investing 1,699 ETH (approximately $5.15 million at the time), he accumulated a total of 32,660 AAVE tokens at an average price of about $157.78 per token.
From wallet data, Stani currently holds 84,033 AAVE tokens. At the latest price of $163.34, the total market value is approximately $137 million. However, compared to the purchase average, this position is currently underwater, with an unrealized loss of about $2.29 million.
**Is the founder's confidence a sign of risk or optimism?**
Interestingly, despite being in a loss, Stani chose to increase his holdings during this time window. This behavior has sparked considerable discussion in the on-chain community—some interpret it as the founder's confidence in AAVE's long-term prospects, while others see it as reflecting differing market valuations of AAVE.
Looking at AAVE's fundamentals, the number of active addresses has reached 199,729, and ecosystem activity remains relatively healthy. Stani's continued layout may suggest his confidence in the development of the AAVE ecosystem remains intact. Regardless, the founder's actions often serve as a barometer of market sentiment, and this transaction again reminds investors to pay attention to the market significance of whale activities on the chain.