A Binance hot wallet on Ethereum sent 167,464 ETH in one transaction and 28,006 ETH in a second, while the exploiter also received funds from Arbitrum, Optimism, and Avalanche. Aave froze its markets across all networks, preventing the opening of new supply or borrow positions. In a broadly fearful market, AAVE fell 5.67% over 24 hours, compared with 3.46% for Bitcoin and 3.93% for Ethereum, as crypto liquidations exceeded $1.50 billion. The token lost 32.9% from its local high of $188, and the break below $140 reinforced a short-term bearish bias. A weekly close below $113.40 could worsen the situation, while a move above $120 and strong demand could provide signs of stabilization.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
