Aave TVL Slides 16.78% as Whales Pull Funds After KelpDAO Hack Borrowing
BlockBeats reported on April 19 that DefiLlama data shows the KelpDAO attacker borrowed a substantial amount of ETH from Aave, triggering large holders to withdraw capital from the protocol as a risk-control measure. Aave's total value locked fell to $21.966 billion, down 16.78% from $26.396 billion a day earlier.