Analysis of the reasons for the batch unstaking of 620,000 ETH: Aave interest rate surge triggers deleveraging
2025/07/23 21:13
PANews reported on July 23 that according to Aunt Ai, in response to the recent concentrated unstaking of 620,000 ETH, blogger @0xdoge_bull inferred that Aave ETH deposits were withdrawn in large quantities in a short period of time, causing borrowing interest rates to soar, and revolving loan players turned from earning interest rate spreads to losses, and were forced to redeem stETH to deleverage, which ultimately led to this large-scale unstaking. In terms of data, Aave ETH borrowing APR once soared to 10%, Lido's stETH withdrawal waiting period was also extended to 21 days, and the on-chain stETH exchange for ETH showed a discount of nearly 0.4%.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
The largest PUMP institution private placement address completed PUMP liquidation, with a profit of approximately US$8.2 million
PANews reported on July 26 that according to on-chain analyst Yu Jin’s monitoring, the largest $PUMP institutional private placement address transferred the last 8 billion $PUMP (US$20.11 million) to FalconX
Share
PANews2025/07/26 08:22
How does Base make $180,000 a day?
Author: Zack Pokorny Compiled by: Luffy, Foresight News Base, created by cryptocurrency exchange Coinbase, is the most profitable platform in the Ethereum Layer2 (L2) network, and its daily revenue often
Share
PANews2025/07/26 08:26
SharpLink received 145 million USDC from Circle wallet 30 minutes ago, and may continue to increase its holdings of ETH
PANews reported on July 26 that according to on-chain analyst Yu Jin’s monitoring, the SharpLink wallet received 145 million USDC from the Circle wallet 30 minutes ago. SharpLink may continue
Share
PANews2025/07/26 09:15