🚨 $AAVE CRASHED 19% – But Here's What Nobody Is Telling You 🚨
The exploit wasn't on Aave.
But the market panicked anyway. 😱
Here's what really happened ⬇️
1️⃣ KelpDAO bridge got hacked for $292M
2️⃣ Hacker used fake rsETH as collateral on Aave
3️⃣ Borrowed ~$195M in ETH
4️⃣ Aave left holding bad debt
Result?
🔻 Price: $113 → $91
🔻 TVL dropped $6.6B in hours
But here's the key 👇
❌ Aave's core contracts were NOT hacked
✅ Only the rsETH market was affected
✅ Aave froze it immediately
So is this a buying opportunity or a warning? 🤔
📌 Key support: $80–$85
📌 Resistance: $100
DYOR. Don't panic.
This is DeFi – volatility is the price of admission. 💀
💬 Are you buying the dip or staying away?
👇 Comment below
#AAVE #DeFi #Cryptocrash #Altcoins
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