A CEX Withdraws 400 Million USDT from Aave an Hour Ago, Causing Aave's Borrowing and Deposit APY to Soar
According to on-chain analyst Ai Yi's monitoring, a certain CEX withdrew 400 million USDT from Aave an hour ago, causing the Aave USDT borrowing APY to soar to 28.86% and the deposit APY to surge to 24.65%. Many arbitrage addresses have already started depositing USDT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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Data: BitMine currently holds approximately 3.56 million ETH, with an unrealized loss of $2.98 billion.
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