Multiple whales successively sold off AAVE shares, causing AAVE to fall by more than 18% in a single day.

CoinFeed reported on April 19th that, according to Lookonchain monitoring, due to the KelpDAO vulnerability causing bad debts in AAVE, several whales have been dumping AAVE, causing AAVE to fall by more than 18% today. Specifically: smaugvision sold 20,015 AAVE at an average price of $103 per coin, receiving 2.06 million USDC. Whale 0xFC56 sold 20,000 AAVE at an average price of $103 per coin, receiving 2.05 million USDC.