cryptd.in

LinkedIn alternativo per i talenti crittografici

Whales Are Bailing: Why AAVE Just Crashed 22% After the $294M KelpDAO Hack

-

da

cryptd.in
in

The cryptocurrency industry saw the most violent hack of 2026 on Saturday evening when an unknown perpetrator breached KelpDAO’s security and drained almost $300 million worth of its liquid staking token, rsETH.

They managed to act quickly, depositing the stolen funds into several lending protocols, borrowing money against them, and one of them just experienced a massive investor exodus as its own token crashed hard.

Criptopatate explained in detail the events that took place on Saturday evening from information provided by the security experts at Cyvers. The bad actor compromised KelpDAO’s bridge contract, deposited the stolen rsETH into Aave V3, Compound V3, Euler, and other lending protocols, used it to borrow substantial amounts of WETH, and created more than $236 million in debt.

Although Aave, alongside SparkLend and a few other protocols, reacted by freezing certain affected markets, it seems investors were more than dissatisfied by the events, especially whales.

Lookonchain data show that several large market participants holding a sizable portion of AAVE went on a selling spree as the asset’s price started to nosedive. A whale identified as smaugvision sold $2.06 million worth of the token for USDC, another one disposed of $2.05 million, and a third one swapped $1.95 million worth of AAVE for $1.18 million in ETH and 10.11 WBTC.

These considerable market sales only exacerbated AAVE’s price decline. The token had peaked at almost $120 yesterday, but crashed to $103 when the initial sales began. Shortly after, it plunged to $92, which represented a 22% decline from top to bottom so far.

AAVE has fallen out of the top 50 alts by market cap as its own has plummeted to just over $1.4 billion on CoinGecko.

AAVE/USD April 19, Source: TradingView
AAVE/USD April 19, Source: TradingView

 

Il post Whales Are Bailing: Why AAVE Just Crashed 22% After the $294M KelpDAO Hack è apparso per la prima volta su Criptopatate.

Commenti

Lascia un commento

Il tuo indirizzo email non sarà pubblicato. I campi obbligatori sono contrassegnati *

Ultimi feed

Categorie più popolari

it_IT Italiano
it_IT Italiano en_US English ro_RO Română et Eesti ko_KR 한국어 ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

Ricerca nel sito web

Storie popolari

Tag

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElezione (1) #BinanceVsCoinbase (1) #Bitcoin (435) #BitcoinETF (3) #BitcoinFondamenti (1) #BitcoinHandling (1) #BitcoinPrezzo (5) #BitcoinPrezzoLivello (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #BitcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTCacquisizione (1) 1TP5Previsione toro (1) #BullishSentiment (1) #CMiniera cinese (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativoSalto (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) 1TP5Corte olandese (2) #ECommerce (1) #ElSalvadorBitcoin (1) #Ethereum (69) #EthereumPain (1) #EPrezzo dell'Etere (1) #ExpertOpinion (1) #FedRateCut (1) #FiatValuta (1) #Fimpatto finanziario (1) #FinanziarioPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) 1TP5FondiIlleciti (1) #InflationData (1) 1TP5Investimento (1) 1TP5Perdita d'investimento (1) #Azienda giapponese (1) #Azione legale (1) #Impatto legale (1) #Legislazione (1) #LightningNetwork (1) #Manalisi del mercato (3) #MMonitoraggio del mercato (1) #Mprevisione di mercato (1) #Mprevisioni di mercato (1) #MProiezione di mercato (1) #MmercatoSupporto (1) #MmercatoVolatilità (1) #MCompatibile (1) #MemeCoin (5) #MemeCoins (2) #MinerProfittabilità (1) #MRiciclaggio di denaro (2) #MtGox (4) #Corea del NordCrittografia (1) #NovogratzPrevisione (1) #PriceMilestone (1) #PprezzoPrevisione (2) #PriceDomanda (1) #PrezzoAumento (1) #PcarcereSentenza (1) #QuantAnalisi (1) #RegolamentazionePressione (1) #SECAntiCrypto (1) #ShibaInu (6) #SocialBuzz (1) #T Analisi tecnica (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) #TornadoCashSviluppatore (1) #UKCrypto (1) #UpsidePotenziale (1) #USCongresso (1) #WyomingLand (1) #XRPrezzo (1) #XRPupswing (1)

Link utili

Link che ho trovato utili e che volevo condividere.