AAVE rose 9.31% in four hours to reach $163, while an earlier report put its 24-hour gain at 10.07%; a newer update measured the daily advance at 13%. The move coincided with $140,000 in short liquidations across Binance, Bybit and OKX, with no long liquidations reported. Aave’s V4 expansion on Base, which enables tokenized stocks such as Coinbase ($COIN) to serve as collateral for USDC loans, alongside increased whale activity and trading volume, supported bullish momentum. However, overheated derivatives activity and exchange reserves at a new monthly high could increase volatility and selling pressure if holders transfer tokens to exchanges.