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Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal

Summary by CryptoPanic
Aave, the largest decentralized lending protocol, has experienced a sharp drop in USDT liquidity to under $100 million following a massive withdrawal by a wallet linked to HTX, a crypto exchange connected to Justin Sun.
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CryptoPanic broke the news in on Thursday, June 5, 2025.
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