KelpDAO Exploit Sparks Aave Bad Debt Due to $195M ETH Borrowing, TVL Crashes $6.28B
TVL drop from $26.396B to $20.114B, a decline of $6.28B, as many whales withdraw funds, including:
> MEXC withdrew $431M
> Whale 0x7CD0 (likely Nonco) withdrew $405.7M
> Abraxas Capital withdrew $392M