Aerodrome Finance AERO surges 6.9% as whales buy 1.579 million tokens

Generated by AI AgentCoin World
Tuesday, Jun 24, 2025 4:06 pm ET1min read
USDC
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Aerodrome Finance (AERO), a decentralized exchange (DEX), is attracting considerable attention from crypto users and is poised for a significant price rally, likely due to escalating interest from whales.

On June 24, 2025, market analyst Onchain Lens posted on the X platform, revealing that a whale had purchased 1.579 million AERO tokens for $1.3 million in USDC at a price of $0.823 per token. This substantial acquisition coincides with a notable increase in AERO's asset price, indicating token accumulations by whales and investors.

The massive purchase signals that whales and institutions are showing interest in AERO, acquiring the coins, which may hint at an imminent rally. The altcoin demonstrates potential for a sustained upsurge, as its price movements are supported by ongoing adoption and recent business integration of Aerodrome’s infrastructure within a prominent crypto ecosystem.

This significant purchase is part of other long-term buyers’ bullish activity that has triggered AERO’s price to experience an ongoing uptrend. Today, the altcoin recorded a 6.9% rise over the past 24 hours. During the same duration, its trading volume surged by 23.60%. The rise in trading volume is due to a recent increase in market activity.

From a technical analysis perspective, AERO is maintaining its upward movement firmly and could witness a further rise as it registered an 8.9% price hike in the past week. It also registered a 41.3% rise over the past month. The token’s price is currently trading at $0.8361.

One of the key catalysts for the asset’s price upturn is the recent partnership between Aerodrome Finance and

Coinbase
. One week ago, Coinbase integrated the decentralized exchange access directly into its mobile app.

The asset is currently forming an ascending triangle pattern, indicating a continuation of the upward movement as buyers continue stepping into the market. The token is therefore likely to experience a further rise, possibly reaching the resistance levels of $0.8639 and $0.9419 soon.