Analysis: HTX's large withdrawal caused Aave USDT interest rate to soar to 19.5%
By: Cointime
according to Ember monitoring, HTX withdrew 600 million USDT from Aave today, causing the platform's USDT deposit interest rate to soar to 19.5%.
Earlier news, on June 5th, HTX had withdrawn 570 million USDT, causing the interest rate to temporarily rise to 30%, attracting a large amount of arbitrage funds to enter the market, and then returned the funds unchanged.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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