Aave USDT Market Volatility Surges After $114.9M Withdrawal
A large cryptocurrency investor, with the wallet address 0x540C, recently withdrew a massive $114.9 million in USDT from Aave’s main market. This significant event immediately pushed Aave’s USDT utilization rate to 92.83%, far exceeding its optimal level. Interest Rates Spike to Stabilize Liquidity The sudden spike in the utilization rate has triggered Aave’s built-in risk … Read more