{"id":60097,"date":"2025-12-23T14:30:34","date_gmt":"2025-12-23T11:30:34","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=60097"},"modified":"2025-12-23T12:19:09","modified_gmt":"2025-12-23T09:19:09","slug":"founder-keeps-buying-but-aave-price-keeps-falling","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/founder-keeps-buying-but-aave-price-keeps-falling\/","title":{"rendered":"Founder Keeps Buying but AAVE Price Keeps Falling"},"content":{"rendered":"<p data-path-to-node=\"3\">The cryptocurrency markets are witnessing a strategic move from one of DeFi&#8217;s most prominent figures. Despite recent price turbulence, Aave founder Stani Kulechov continues to increase his stake in the protocol. On-chain data reveals that Kulechov purchased 84,033 $AAVE (approximately $12.6 million) over the past week, with an average entry price of $176. Although he currently faces an unrealized loss of $2.2 million, his consistent buying pattern signals long-term conviction.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/founder-keeps-buying-but-aave-price-keeps-falling\/#Why_is_AAVE_Facing_Downward_Pressure\" title=\"Why is AAVE Facing Downward Pressure?\">Why is AAVE Facing Downward Pressure?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/founder-keeps-buying-but-aave-price-keeps-falling\/#Governance_Disputes_and_Snapshot_Voting\" title=\"Governance Disputes and Snapshot Voting\">Governance Disputes and Snapshot Voting<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/founder-keeps-buying-but-aave-price-keeps-falling\/#The_Message_Behind_Founder_Accumulation\" title=\"The Message Behind Founder Accumulation\">The Message Behind Founder Accumulation<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-path-to-node=\"4\"><span class=\"ez-toc-section\" id=\"Why_is_AAVE_Facing_Downward_Pressure\"><\/span>Why is AAVE Facing Downward Pressure?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-path-to-node=\"5\">The decline in AAVE\u2019s price is largely driven by significant whale liquidations and internal governance debates. Most notably, a major investor offloaded approximately 230,000 AAVE (worth ~$35 million) in a short window last Monday. These tokens were swapped for Bitcoin and Ether derivatives, triggering a sharp 10% intraday drop. This selling pressure intensified following heated discussions within the DAO regarding brand control.<\/p>\n<p data-path-to-node=\"5\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-60098 \" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/aave-1024x761.jpg\" alt=\"\" width=\"905\" height=\"672\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/aave-1024x761.jpg 1024w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/aave-300x223.jpg 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/aave-768x571.jpg 768w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/aave-1536x1142.jpg 1536w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/12\/aave.jpg 1676w\" sizes=\"auto, (max-width: 905px) 100vw, 905px\" \/><\/p>\n<h3 data-path-to-node=\"6\"><span class=\"ez-toc-section\" id=\"Governance_Disputes_and_Snapshot_Voting\"><\/span>Governance Disputes and Snapshot Voting<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-path-to-node=\"7\">A critical debate has emerged concerning the control of Aave\u2019s brand assets and online presence. Ernesto Boado, co-founder of BGD Labs, advocated that domain names and social media accounts should be directly controlled by AAVE token holders. Stani Kulechov responded by moving the proposal to a Snapshot vote, adhering to the protocol&#8217;s established governance framework. This move highlights the ongoing transition toward full decentralization within the ecosystem.<\/p>\n<p class=\"entry-title\"><a href=\"https:\/\/coinengineer.net\/blog\/sec-ends-aave-investigation-no-enforcement\/\"><em>SEC Closes Aave Probe After Four Years, No Charges Filed<\/em><\/a><\/p>\n<h3 data-path-to-node=\"8\"><span class=\"ez-toc-section\" id=\"The_Message_Behind_Founder_Accumulation\"><\/span>The Message Behind Founder Accumulation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-path-to-node=\"9\">While Kulechov\u2019s purchases haven&#8217;t yet offset the broader market sell-off, they serve as a powerful confidence indicator for the community. On-chain analysis shows these trades were executed strategically via CoW Protocol using WETH to minimize market impact. For long-term observers, the founder&#8217;s willingness to &#8220;buy the dip&#8221; suggests that despite short-term volatility and governance hurdles, the fundamental outlook for Aave remains robust.<\/p>\n<p data-path-to-node=\"9\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\">Telegram,\u00a0<\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\">YouTube<\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\">Twitter<\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency markets are witnessing a strategic move from one of DeFi&#8217;s most prominent figures. Despite recent price turbulence, Aave founder Stani Kulechov continues to increase his stake in the protocol. On-chain data reveals that Kulechov purchased 84,033 $AAVE (approximately $12.6 million) over the past week, with an average entry price of $176. Although he<\/p>\n","protected":false},"author":36,"featured_media":37845,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[12433,26680,26679,26681],"class_list":["post-60097","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-aave-price-analysis","tag-aave-token-investment","tag-snapshot-voting","tag-whale-wallet-tracking"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Founder Keeps Buying but AAVE Price Keeps Falling - Coin Engineer<\/title>\n<meta name=\"description\" content=\"Stani Kulechov continues buying AAVE despite falling prices. 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