⚠️ BREAKING: $AAVE Down -19% … This is Serious
$292 Million exploit just hit the market.
And the damage is spreading fast.
Here is exactly what happened.
Attacker drained 116,500 rsETH from Kelp DAO's LayerZero bridge.
Then deposited stolen rsETH as collateral on Aave V3.
Borrowed $236M in WETH against unbacked collateral.
Those positions cannot be liquidated.
Result … $280M in bad debt. Stuck. Unrecoverable.
Now the panic has started.
$5.4 BILLION in ETH outflows followed.
Justin Sun alone pulled 65,584 ETH … $154M in a single move.
And now …
Aave ETH pool is at 100% utilization.
Almost no ETH left to withdraw.
This is not just a dip.
This is the biggest DeFi exploit of 2026.
First real world test of Aave's Umbrella safety module.
And it is happening right now.
Smart traders are watching every move closely.
This is a developing story.
Stay alert. Stay safe.
#AltcoinRecoverySignals? #CZ’sBinanceSquareAMA #BitcoinPriceTrends #USInitialJoblessClaimsBelowForecast #Kalshi’sDisputewithNevada