A hacker exploited Aave to mint fake rsETH and steal a significant amount of ETH. Following this, three whales dumped 59,680 AAVE tokens.

BlockBeats News, April 19th, according to on-chain analyst Wuchén, after a hacker minted illegitimate rsETH through Aave and borrowed a large amount of ETH, multiple whales dumped AAVE on the chain, causing AAVE to drop by 15% today.

· Polymarket user “smaugvision” sold 20,015 AAVE ($2.06 million) from address at a price of $102.9.

· Address 0xFC5 sold 20,000 AAVE ($2.05 million) at a price of $102.8.

· Address 0xA2E sold 19,665 AAVE ($1.95 million) at a price of $99.2.