AAVE Token Drops Over 18% as Whales Sell Following KelpDAO Exploit on Aave Protocol

AAVE-2.75%
USDC0.01%

Gate News message, AAVE token declined more than 18% today after the KelpDAO exploit created bad debt on Aave protocol. Multiple whale addresses conducted large-scale sell-offs: smaugvision sold 20,015 AAVE for 2.06M USDC at an average price of $103; Whale 0xFC56 sold 20,000 AAVE for 2.05M USDC at an average price of $103; Whale 0xA2E4 sold 19,666 AAVE.

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