AERO faces leverage threat after altcoin’s 23% rally – All the details!

Key Points

1. AERO's price surged by 23% in 24 hours, with daily volume exploding by 276% to $656 million.

2. AERO serves as the central liquidity hub on Coinbase’s Base network, attracting over 100 projects.

3. Whales have been accumulating and staking AERO, reducing exchange reserves and increasing holdings by over 161% in some cases.

4. AERO is eyeing $2 but must first clear a bearish orderblock at $1.50-$1.60; a correction to $1 is possible if whales take profits.

5. High leverage orders, particularly below $1.30-$1.34, pose a threat to AERO's momentum, with potential for a short squeeze or price drop.