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Home›Crypto›Market Structure›Aave saw USDT withdrawals as borrowing rates stayed in…

Aave saw USDT withdrawals as borrowing rates stayed in double digits

Reported · Written up by our desk · Market Structure

Aave’s Ethereum USDT reserve had $169.5 million in available liquidity as of Oct. 8, according to data cited by The Defiant.

The outlet linked the withdrawals to a period when borrowing rates remained in double digits.

Latest closeEthereum $2,469.24 ▼4.0%

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Sources

The DefiantWallet Shifts 150 Million USDT From Aave to Spark Savings

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