📌 MAROKO133 Hot crypto: Aave Founder Stani Kulechov Buys £22M Notting Hill Mansion
Aave founder Stani Kulechov has snapped up a £22 million ($30 million) mansion in London’s Notting Hill, sealing one of the most expensive residential deals of the past year in a luxury housing market under pressure from higher taxes and weaker demand.
Key Takeaways:
- Aave founder Stani Kulechov bought a £22 million Notting Hill mansion, one of London’s priciest home deals of the past year.
- The purchase came at a discount amid weaker demand in the city’s luxury property market amid higher taxes.
- The deal comes as Kulechov remains a central and controversial figure in Aave’s governance.
Property filings show the purchase was completed in November, just days before the UK government delivered its latest budget, according to Bloomberg.
The agreed price came in roughly £2 million below earlier guidance circulated by brokers involved in the sale, reflecting the softer conditions facing prime London real estate.
Aave Founder Stani Kulechov and His Expanding Crypto Empire
The five-story Victorian home offers sweeping views across Notting Hill, one of the capital’s most sought-after neighborhoods.
Kulechov, who was born in Estonia and raised in Finland, founded decentralized finance platform Aave in 2017.
He currently serves as chief executive of Avara, the parent company behind a growing suite of crypto-focused projects, including the Lens Protocol social network, the GHO stablecoin and a digital wallet product called Family.
Aave has grown into one of the largest DeFi lending platforms by total value locked, making Kulechov one of the sector’s most prominent figures.
The deal stands out in a year that has been challenging for London’s high-end property market.
Sales of homes priced above £5 million fell sharply in 2025, weighed down by higher stamp duty and the removal of tax advantages previously enjoyed by wealthy foreign residents.
Data from property researcher LonRes shows transactions in that bracket were down around 40% in December compared with a year earlier, with further tax changes expected to dampen demand in the coming years, per the report.
Aave Governance Dispute Rekindles Debate Over Founder Power
In December last year, Kulechov faced renewed criticism after purchasing roughly $10 million worth of AAVE tokens shortly before a key governance vote, prompting accusations that the move was designed to boost voting power rather than reflect long-term alignment.
The controversy came amid a broader dispute within the Aave ecosystem over control of the protocol’s brand and assets.
A proposal submitted in December to address ownership of domains, social media accounts and naming rights sparked backlash after one of its authors said it was pushed to a vote without consent.
Contributors also raised concerns that certain product decisions and fee changes have benefited private entities more than the DAO.
Governance data has further fueled tensions, with observers noting that voting power is highly concentrated.
Snapshot figures show the top three wallets control more than half of the vote, intensifying concerns about whale dominance and conflicts of interest.
On December 16, Kulechov disclosed that the U.S. Securities and Exchange Commission had concluded its multi-year investigation into the protocol without recommending enforcement action, ending nearly four years of uncertainty.
Aave Labs has also secured MiCA authorization in Europe and is preparing for the launch of Aave V4.
The post Aave Founder Stani Kulechov Buys £22M Notting Hill Mansion in London appeared first on Cryptonews.
🔗 Sumber: cryptonews.com
📌 MAROKO133 Hot crypto: XRP Price Under Pressure: ETF Outflows, Holder Losses, and
XRP continues to struggle as selling pressure keeps the token locked in a month-long downtrend heading into February. A recent sharp pullback has reinforced bearish sentiment, weighing on both spot markets and related investment products.
The weakness has also carried over into XRP exchange-traded funds (ETFs), where flow volatility highlights lingering investor caution. Nevertheless, signs of stabilization are appearing beneath the surface, which would determine whether XRP price will further downside or recover.
XRP ETFs Are Yet To Do Better
Spot XRP ETFs posted net outflows of $404,690 on Monday despite closing the previous week on a positive note, recording $16.79 million on Friday. The improvement in ETF flows was reversed as this week began, signaling a comeback of selling pressure.
The shift shows that the macro bearishness hasn’t disappeared completely yet, given that on Thursday, January 29, XRP ETFs recorded $92.92 million in outflows, the largest since launch. That session coincided with a broader market crash and a 9% drop in XRP price.
Stabilizing flows offer much-needed support for restoring market confidence, a key requirement for any XRP price recovery. However, broader sentiment remains fragile, as doubts about a sustained rebound continue to weigh on investor outlook.
Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Saturating Losses Could Prevent Sell-Off
On-chain data shows short-term holders facing heavy unrealized losses. The STH Net Unrealized Profit and Loss metric currently sits at -0.38. This marks the deepest loss level since July 2022 and a three and a half year high. This reflects widespread capitulation among recent XRP buyers.
Despite appearing negative, rising STH losses may reduce immediate selling risk. Short-term holders are historically reactive, often selling quickly during profit periods. With losses deepening, selling incentives weaken.
This dynamic can temporarily suppress supply, giving XRP price space to stabilize and attempt a recovery if demand improves.
XRP Price Bounceback Likely
XRP price is trading near $1.62 at the time of writing, sitting below the $1.70 resistance. The altcoin has remained in a steady downtrend since early January. Last week’s 16% decline reinforced bearish structure, keeping XRP below key moving averages and limiting upside momentum.
However, these two factors suggest a short-term rebound remains possible. The first is that the short-term holder losses appear saturated, lowering distribution risk. The second is that momentum indicators show XRP is oversold, increasing the probability of a technical bounce toward $1.79.
The Money Flow Index currently sits near the oversold threshold. A decisive dip into oversold territory often precedes reversals. In a similar setup previously, XRP surged 14% within 48 hours. If broader market conditions remain supportive, a comparable reaction could unfold during this recovery attempt.
However, downside risk persists if bullish momentum fails to materialize. A rejection below $1.70 may expose XRP to renewed selling pressure. Under this scenario, the price could fall to $1.54 or even $1.47. Losing these support levels would invalidate the bullish thesis and extend the ongoing decline.
The post XRP Price Under Pressure: ETF Outflows, Holder Losses, and a Possible Rebound appeared first on BeInCrypto.
🔗 Sumber: www.beincrypto.com
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