Data: A certain CEX has redeposited 570 million USDT back into Aave
According to on-chain analyst Ember's monitoring, 570 million USDT retrieved from Aave by a certain CEX in the past 3 hours has been redeposited, causing the previously soaring lending rate of USDT on Aave to return to normal levels, with the current deposit rate at 3.73% and the borrowing rate at 5.06%.
Previously, due to the decline in available liquidity, the deposit and borrowing rates of USDT surged, with the deposit rate rising from 3.8% to 29% and the borrowing rate from 4.4% to 33.6%.
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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