Aave USDT Utilization Reaches 92.83% Following $114.9M Whale Withdrawal

A whale withdrew $114.9 million USDT from Aave's main market, driving the platform's USDT utilization rate to 92.83% and exceeding its optimal threshold. The withdrawal activated Aave's automatic interest rate adjustment mechanism, which increases rates to discourage excessive borrowing and incentivize new deposits.