AAVE Drops 22% as DeFi Panic Spreads After Kelp Exploit
The decentralized finance (DeFi) sector has once again been reminded that markets move faster than narratives. Following the Kelp exploit, on-chain data revealed a sharp and immediate reaction centered around Aave, with whales and large holders initiating significant movements well before any official statements emerged. According to analytics from Santiment, transactions exceeding $100,000 surged dramatically—from…
