The interest of institutions in the decentralized finance (DeFi) sector is swelling, with ‘whales’ now making huge moves around the AAVE protocol. Over the last 3 days, big investors have scooped up over 62 million AAVE tokens, a clear sign that not only is AAVE working well enough to draw in that many tokens, but also that AAVE has something like ‘safe haven’ status with these high-net-worth investors. Borrowing on AAVE is about to hit an all-time high, another clear sign of the protocol’s sustainable, growing adoption. The substantial investment in AAVE is manifesting at a moment when market experts
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