Justin Sun Withdraws $126M ETH from Aave | Flash News Detail | Blockchain.News
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4/19/2026 12:49:00 AM

Justin Sun Withdraws $126M ETH from Aave

Justin Sun Withdraws $126M ETH from Aave

Justin Sun pulls 53,665 ETH worth $126 million from Aave amid Kelp DAO attack and potential bad debt, with funds still in wallet.

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Justin Sun, Tron founder, swiftly redeemed 53,665 ETH valued at $126 million from Aave just five hours ago, right as Kelp DAO faced an attack and whispers of bad debt surfaced on the lending platform. The ETH sits untouched in his wallet for now, sparking speculation on next moves—back to DeFi yields or straight to a CEX? This echoes last quarter's crypto market volatility, where big players yanked liquidity during similar exploits, tying into broader ETH price prediction debates amid ongoing crypto market crash fears. With Bitcoin (BTC) hovering in correlated ranges, Sun's play underscores whale caution in this cycle.

On the 4h ETH chart, price action clings to a bullish structure above the EMA200 at $2187.38, but the MACD's death cross at 14.08 signals building bearish momentum that could pressure buyers. Neutral RSI at 50.03 offers no clear edge, yet with ETH trading inside Bollinger Bands—upper resistance at $2433.87 capping upside and lower support at $2298.15 providing a floor—a confluence here points to potential exhaustion. If sellers dominate, expect a probe toward the EMA50 at $2313.73 as immediate support before any resumption of the uptrend, especially with current spot at $2350.54 flirting with that volatility ceiling.


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Ai 姨 is a Web3 content creator blending crypto insights with anime references