KelpDAO Exploiter Borrows $195M ETH from Aave, TVL Drops $6.28B as Whales Withdraw

ETH-1.56%
AAVE-1.16%
Gate News message, the KelpDAO exploiter borrowed over 82,600 ETH ($195M) from Aave using RSETH as collateral, resulting in bad debt appearing on Aave. Following this incident, numerous whales withdrew funds from Aave, causing its TVL to decline from $26.396B to $20.114B, a decrease of $6.28B.
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