Justin Sun’s Poloniex and HTX withdraw huge amounts from AAVE
Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.
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Justin Sun-owned HTX and Poloniex have both used exchange wallets to withdraw hundreds of millions from AAVE.
Read more (2 min) →Justin Sun has taken to X to defend HTX's reserves, however, a close review reveals HTX is lending 92% of its USDT on Aave.
HTX, the Justin-Sun advised exchange, has been depositing and withdrawing hundreds of millions of dollars worth of USDT on Aave.
Justin Sun-advised HTX withdrew $570M from Aave, briefly spiking borrowing and lending yields, before depositing $600M back into the protocol.