Whale Withdraws Significant Assets Amid Bridge Vulnerability

A major OTC whale has withdrawn substantial assets from Aave, according to Odaily. The whale, identified by the address 0xd45...FB20, extracted 98,032 wstETH valued at $272 million and 3,000 cbBTC worth $221 million. The withdrawal was prompted by a vulnerability in the KelpDAO rsETH bridge, which prevented the extraction of ETH. Consequently, the whale exchanged 7,438 aEthWETH, valued at $16.83 million, for 1,930 stETH and 5,272 ETH, incurring a loss of 237 ETH, equivalent to $540,000. The address still holds 10,000 ETH in Aave, valued at $22.8 million.