Aave
Why Aave is down 1.1% in the last hour
Analysis
Aave (AAVE) slipped 1.1% over the past hour amid heightened risk-off sentiment tied to reports of a $294M KelpDAO hack and subsequent whale selling pressure impacting AAVE-related markets. CryptoPotato noted that βwhales are bailingβ following the exploit, which likely weighed on near-term demand and pushed prices lower.
Contributing Factors (1)
Whales Are Bailing: Why AAVE Just Crashed 22% After the $294M KelpDAO Hack
Here's what happened after the largest security incident of 2026 to one of the used protocols.
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.