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After the Kelp hack, several large holders dumped AAVE, causing a 15% drop; two addresses sold over 40,000 tokens combined.

After the Kelp hack, several large holders dumped AAVE, causing a 15% drop; two addresses sold over 40,000 tokens combined.

ForesightNewsForesightNews2026/04/19 01:58
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Foresight News reported, according to 余烬监测, after a hacker illegally minted rsETH through Aave collateral and borrowed a large amount of ETH, several whales dumped AAVE on-chain, causing AAVE to fall by 15% today. Among them, the Polymarket username "smaugvision" address sold 20,015 AAVE (about 2.06 million USD) at a price of 102.9 USD; the address starting with 0xFC5 sold 20,000 AAVE (about 2.05 million USD) at a price of 102.8 USD.

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