AAVE derivatives volume surges after short trades spiked

AAVE derivatives registered around 50% surge in derivatives trading volume at the beginning of the week, an increase that reached more than 100% early

derivatives volume more than doubled early Monday in Asiadue to a spike in short trades. The liquidity protocol saw a 6% rise in the price of its native token during the same period.

derivatives surged by over 100% between Sunday and Monday due to a major increase in short trades. At the time of writing, /USDT pair is 1.01. In the last 24 hours, long positions faced liquidations of close to $60,000, while short positions had significantly higher liquidations of $770,000. The liquidity protocol experienced a 6% increase in the price of its native token during the same period. CoinGecko data notes a 26% price hike in the past seven days, indicating that

RSI suggests trend reversal The Relative Strength Index for

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