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Here’s Exactly Why AAVE Price Is Crashing

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AAVE crashed over 18% today, falling from above $110 to around $91.80 at press time. The trigger is a KelpDAO exploit that created bad debt on the Aave protocol. Whales are dumping their AAVE holdings in response. Three large transactions have been confirmed. Smaugvision sold 20,015 AAVE for 2.06 million USDC at an average price
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