Aave's exchange reserves have seen a significant increase, rising to 2.23 million tokens. According to data from CryptoQuant, this marks the end of a downward trend that began in April 2025.
The surge in reserves is attributed to an influx of AAVE tokens being sent to exchanges for sale. This may lead to increased short-term selling pressure on the token's price.
Notably, one exchange currently holds 1.63 million AAVE tokens, while another exchange's reserves rose from 1.57 million to 1.63 million during the same period.