According to @EmberCN, an AAVE leveraged-long whale sold 70,000 AAVE at an average price of 223 USD over the past four hours, swapped to 15.62 million USDC, and repaid all Aave borrowings, fully deleveraging the position (source: @EmberCN on X, Oct 17, 2025; on-chain address 0xebb4ee6fe7a3cb6c207e62d46a6519e1878c5855 via DeBank). After the debt repayment, the wallet holds about 21,000 AAVE worth roughly 4.8 million USD, removing immediate liquidation risk on Aave for that address’s position (source: @EmberCN on X, Oct 17, 2025; on-chain address 0xebb4ee6fe7a3cb6c207e62d46a6519e1878c5855 via DeBank). In April, the same wallet partially cut AAVE around 120 USD to avoid liquidation when price fell below that level (source: @EmberCN on X, Oct 17, 2025).

According to Ai 姨 (@ai_9684xtpa), HTX executed a massive withdrawal of 400 million USDT from the Aave protocol within the past hour, as verified on etherscan.io. This action caused the USDT borrowing APY on Aave to spike sharply to 28.86%, while the USDT deposit APY soared to 24.65%. As a result, several arbitrage addresses have started depositing USDT to capitalize on elevated yields. This sudden liquidity drain is expected to significantly impact DeFi trading strategies, USDT liquidity across platforms, and may influence short-term price action in related DeFi tokens (source: @ai_9684xtpa, etherscan.io).