Aave Climbs 4.08% in One Hour to Reach $155 as Shorts Liquidate

AAVE rose from $149 to $155 on Binance’s spot AAVE/USDT market by 12:37 p.m. ET on Sept. 25, climbing 4.08% in one hour. Twenty-four-hour gains reached 6.64% as short liquidations fueled the move. The rapid price increase suggests leveraged traders were caught off guard, adding momentum to the rally.