KelpDAO Incident Triggers Whale Withdrawal from Aave, TVL Plunges 16.78%

BlockBeats News, April 19th - According to Defillama data, the KelpDAO hacker borrowed a significant amount of ETH from Aave. As a result of this exploit, a large whale withdrew funds from Aave for security reasons. In response, Aave's Total Value Locked (TVL) dropped to $219.66 billion, a 16.78% decrease from yesterday's $263.96 billion.