Kelp DAO Exploiter: Liquidated on Aave

The Kelp DAO exploiter, identified as 0x1f4c on Ethereum, just got hammered with a massive liquidation on Aave, wiping out roughly $123 million in debt—check the Ethereum transaction here and the Arbitrum one there. This move underscores the ruthless efficiency of DeFi protocols in clamping down on exploits, reminiscent of last year's RaveDAO chaos that rattled ETH liquidity pools and amplified crypto market crash fears across the board.

Zooming into the ETH 4-hour chart, price action clings to $2347.78 amid a bullish trend structure, with the EMA50 at $2336.5 acting as immediate support and the EMA200 at $2267.23 providing a deeper safety net—yet the MACD's death cross at 14.21 signals bearish momentum building. Neutral RSI at 49.23 keeps things in limbo, but with ETH trading inside Bollinger Bands—upper resistance at $2406.37 capping upside and lower support at $2318.41 beckoning—a confluence here points to exhaustion; expect a tactical pullback to test that EMA50 before bulls regroup, especially if this liquidation ripples into broader ETH price prediction models and crypto exploit liquidation trends.