Justin Sun’s $1.7B ‘Grocery Run’ Leaves Aave in Peril 🚨
Sun’s wallets, those voracious beasts, have been siphoning ETH from Aave like a vampire at a blood drive. HTX, ever the loyal sidekick, has cashed out another $455 million, while Abraxas Capital, that stately institution, contributed a modest $115 million to the exodus. Combined, these withdrawals have left Aave gasping, its borrowing rates spiking to 10%—a number that would make a loan shark blush. Contributors, poor souls, are now coordinating like firemen at a conflagration they never saw coming.