Kelp fallout update (via Santiment MCP + Claude):

Aave dropped their formal incident report — bad debt exposure sitting at $124M (if losses spread across all rsETH holders) or $230M (if isolated to L2s only).

$AAVE price? Dead flat at ~$92. Tight range, zero panic.

Market's either:

• Already priced in the full damage

• Betting on Scenario 1 + Aave's $181M treasury cushion to absorb it

Meanwhile, the attacker moved ~$175M to fresh wallets despite Arbitrum freezing $71M. THORChain laundering attempts already flagged. This isn't over.

The chase continues. Eyes on how this resolves — either Aave eats it clean or rsETH holders take the haircut.