Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal
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4 Articles
Warning Signs For AAVE: Price Could Drop 8% Soon
Main Takeaways:- AAVE’s indicators signalled a loss of momentum in buying pressure in the last ten days. A decline under $260 will be an early indicator of a further decline toward the lower range. An AAVE whale purchased $15M of the altcoin after its fall to the $239-mark. This decline was observed as a value entry, with AAVE surging by 10% soon after. This happened before the crypto went down again at the time of writing. More money coming in…
HTX withdraws $570M from Aave, briefly spikes lending rates
HTX withdraws $570M from Aave, briefly spikes lending rates Justin Sun-advised HTX appears to have withdrawn approximately $570 million worth of Tether (USDT) from Aave before depositing around $600 million worth back several hours later. These transactions occurred as Sun-advised World Liberty Financial is supposed to be preparing its own Aave instance for launch. What happened? 0x18709e89bd403f470088abdacebe86cc60dda12e (0x18) is an address as…
Aave’s USDT liquidity takes a hit after Justin Sun-linked HTX’s $570 million withdrawal
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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