In the past three and a half days, Aave has seen an outflow of $15.1 billion, while Spark has seen an inflow of $1.3 billion during the same period.

PANews reported on April 22 that, according to on-chain analyst Yu Jin, funds continue to flow out of Aave, with $15.1 billion flowing out in three and a half days. Total deposits have dropped from $48.5 billion before the crisis to $30.7 billion, representing approximately one-third of the funds being withdrawn. Regarding other major lending platforms...

  • Morpho's total deposits decreased from $11.7 billion before the rsETH incident to $10.2 billion, an outflow of $1.5 billion;
  • Spark's total locked value in its SparkLend business increased from $1.9 billion before the event to $3.2 billion, an inflow of $1.3 billion.

Spark absorbed some of the funds withdrawn from Aave by whales or institutions, including Justin Sun and the whale that bought $500 million in February.

Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together
PANews APP
All three major U.S. stock indexes closed lower, with HOOD falling more than 4.95%.
PANews Newsflash