Time
01:56
Multiple whale addresses panic-sold AAVE, causing AAVE to drop 15%.
April 19, 2026
CoinFeed News
CoinFeed reported on April 19th that, according to on-chain analyst Yu Jin, after hackers borrowed a large amount of ETH by staking illegally minted rsETH on Aave, several whales sold off AAVE on-chain, causing AAVE to drop by 15%. Specifically: Polymarket address "smaugvision" sold 20,015 AAVE ($2.06 million) at $102.9; address 0xFC5 sold 20,000 AAVE ($2.05 million) at $102.8; and address 0xA2E sold 19,665 AAVE ($1.95 million) at $99.2.