Aave’s governance discussions have started to show up in the market, and traders are already reacting. Since BGD Labs revealed it would be stepping away from the Aave DAO, activity around the AAVE token on decentralized exchanges has tilted toward selling. Data shared within the crypto community shows that sell volume has reached about $39 million, while buy orders sit near $32 million, leaving a $6.7 million net sell imbalance. The numbers exclude the recent CowSwap incident, which means the trend largely reflects regular market trading rather than a single unusual event. Even without that factor, the figures suggest that
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