X @Lookonchain

Update: Aave's TVL has dropped to $17.947B, down $8.45B over the past 2 days.The total TVL of all DeFi protocols across all chains has also dropped from $99.497B to $86.286B, a decline of $13.21B.https://t.co/mxLuMwJ8LU https://t.co/fFyhjhjOLELookonchain (@lookonchain):Due to the KelpDAO exploiter borrowing over 82,600 $ETH ($195M) from #Aave using $RSETH as collateral, bad debt has appeared on #Aave.Many whales have withdrawn funds from #Aave, causing its TVL to drop from $26.396B to $20.114B — a decline o ...