1. The KelpDAO hack has triggered a crisis on Aave, leading to massive whale withdrawals (including Justin Sun's), a 16.78% TVL drop, a WETH freeze, and the ETH funding rate hitting 100%.
2. The RAVE token plummeted over 88%, causing mass liquidations worth $43.71 million that impacted both long and short positions.
3. The LayerZero exploit, costing KelpDAO $294 million, caused the ZRO token price to drop sharply and partially liquidated a whale's position for $2.88 million.
Aave Crisis Deepens After KelpDAO Exploit, RAVE Plummets 88%, ZRO Suffers Major Losses
