NEW
arbitrage funds Flash News List | Blockchain.News
Flash News List

List of Flash News about arbitrage funds

Time Details
2025-06-09
09:07
Aave USDT Deposit Rate Surges to 24% as HTX Withdraws $700 Million: Crypto Traders Eye Market Impact

According to @EmberCN, arbitrage funds initially increased Aave's available liquidity by depositing USDT to capitalize on high interest rates, but just 10 minutes ago, another $100 million USDT was withdrawn from Aave. As a result, the USDT deposit rate on Aave has soared to 24% and the borrowing rate to 27.5%. Notably, HTX has withdrawn a total of $700 million USDT from Aave in the past three hours. These large withdrawals signal significant volatility and liquidity shifts in the DeFi lending market, potentially affecting USDT's stability and trading strategies across major crypto exchanges (Source: @EmberCN on Twitter, June 9, 2025).

Source