Aave v3 Unscathed by Exploit, Whales Load Up on Token

Aave v3 has emerged unscathed from a recent exploit that saw $305K in losses. The incident, which occurred on Aave V4, did not affect Aave v3's operations or stability.

This news comes as Aave whales have been accumulating the token in anticipation of future developments. Since September 28, these large investors have added around 190,000 tokens to their holdings.

Aave V4 activity has been expanding rapidly, with a significant increase in deposits and trading volumes. This growth is likely to continue as Aave's market capitalization reaches $2.62 billion, backed by its price climbing towards the $175 resistance level.