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Multiple whale addresses sell on-chain, AAVE drops 15% in a single day
Deep Tide TechFlow News, April 19th, according to on-chain analyst Ember (@EmberCN), after hackers borrowed a large amount of ETH by illegally minting rsETH through Aave collateral, multiple whale addresses sold AAVE on the chain, causing AAVE to drop 15% that day.
Among them, the address with the Polymarket username “smaugvision” sold 20,015 AAVE at an average price of $102.9, worth about $2.06 million; address 0xFC5 sold 20,000 AAVE at an average price of $102.8, worth about $2.05 million; address 0xA2E sold 19,665 AAVE at an average price of $99.2, worth about $1.95 million.