Aave raises nearly 80% of the $200 million it needs to cover bad debt left by Kelp DAO exploit
Burns Brief
Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $AAVE $NEAR for reaction — a decisive move above or below key levels will confirm the next trend.
Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million.
Key Takeaways
- Blockchain analytics platform Arkham said that the largest contributors are Mantle and Aave DAO, having raised a combined $127 million