Justin Sun, Aave whales, withdraw $1.7bn in Ethereum from markets

DeFi whales have pulled a whopping $1. 7 billion worth of Ethereum from lending protocol Aave over the past week. As a result, available liquidity has shrunk and temporarily sent the interest rate the protocol charges borrowers to more than 10%. As per DefiLlama data, Aave is the biggest lending protocol on Ethereum, with over $55 […] source: https://www.cryptopolitan.com/justin-sun-aave-whales-outs-1-7bn-ethereum/