BlockBeats News, April 20th, following the KelpDAO hack incident that resulted in around $177 million to $200 million in losses for Aave, a significant number of whales withdrew funds from Aave for precautionary reasons.
According to Defillama data, as a result of this impact, Aave’s TVL decreased by approximately 31.7% from around $26.4 billion before the incident to around $18 billion now.
