PeckShield: 0x7a16ff Open Giant Whale Extracts 15 Million CRV from AVE V2

Nov 25,2022
KingData News: According to PeckShield monitoring, the 0x7a16ff open-ended giant whale address extracted 15 million CRVs (approximately $10 million) from Aave Protocol V2. The news comes on the heels of a massive sell-off of CRVs by a giant whale and the addition of $20 million in CRV collateral to the wallets associated with Curve's founders. “The real target here was AAVE’s vulnerable looping system, which Avi mentioned last month. Using $40 million to borrow almost $50 million of CRV could leave AAVE with severe bad debt.”said an analysis by Arkham, a blockchain analytics firm.
Pay attention to the industry's hot value projects in real time, and summarize the multi-party data of the projects for organic integration and interpretation. It is convenient for users to understand the important information of the project more clearly and structured. Empowering investment decisions.
22,513Follow
76,469

Recommend

More