Aave
Why Aave is up 1.1% in the last hour
Analysis
Aave (AAVE) ticked up 1.1% over the last hour, likely reflecting a short-term bounce after heavy selling tied to the KelpDAO exploit narrative. Recent coverage highlighted sharp downside pressure and whale selling following the reported KelpDAO hack/exploit, which had pushed AAVE materially lower before this small rebound.
Contributing Factors (2)
AAVE price sinks 18% as KelpDAO exploit spreads – What happened?
Aave freezes rsETH as bad debt hits $290 million.
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.