KelpDAO exploit triggers Aave bad debt; AAVE slides 18% as whales sell

A KelpDAO exploit has reportedly led to bad debt on #Aave, sending $AAVE down more than 18% today as large holders offload positions. • smaugvision sold 20,015 $AAVE for 2.06M $USDC at an average price of $103. • Whale 0xFC56 sold 20,000 $AAVE for 2.05M $USDC at an average price of $103. • Whale 0xA2E4 sold 19,666 $AAVE (about $1.95M) for 505.65 $ETH (about $1.18M) and 10.11 $WBTC ($765K) at an average price of $99.