Daily fees are nearly flat at 1.18 million, yet the coin is down 5.6%.
$AAVE is now at 157.8, down 5.6% on the day and 5.8% off its high.
On-chain fees are bringing in about 1.18 million, up just 2% from the previous period.
OKX funding is around 0.0095%—longs are paying near the ceiling; HL density is 3.3.
Fees are still coming in and longs are still paying, yet the token keeps bleeding— a tax-laden grind lower, not a capitulation.
#AAVE收租 #Blue-Chip Stratification