News linked to this event type.
According to on-chain analyst Yujin (@EmberCN), the 53,660 ETH that Sun Yuchen urgently withdrew from Aave in the early hours has been deposited into Spark half an hour ago, valued at approximately $125 million. Currently, Sun Yuchen’s on-chain funds across Sky and Spark total approximately $2.13 billion, while his funds on Aave amount to roughly $380 million.
According to on-chain analyst Ember (@EmberCN), Aave’s capital outflow today has reached $6.6 billion, approximately half of which—$3.3 billion—consists of stablecoins. Due to this large-scale capital withdrawal, both deposit and borrowing rates on the platform have risen: USDT and USDC deposit rates have climbed to 13.4%, while borrowing rates have increased to 15%.
According to Hong Kong 01, Hong Kong police have disclosed a fraud case in which scammers lured victims into investing in cryptocurrencies under the guise of “AI-powered quantitative trading,” defrauding a woman of approximately HK$7.7 million. The fraudsters posed as “investment experts” and proactively contacted the victim via Telegram, claiming they could generate stable, high returns using “quantitative trading” and “AI algorithms.” The victim subsequently transferred USDT and ETH worth around HK$7.7 million from her digital wallet to designated addresses in 17 separate transactions. She only realized she had been scammed when her withdrawal request was denied. Hong Kong police warned that although cryptocurrencies offer the potential for high returns, they also carry high volatility and high risk. Claims of “AI-driven trading” or “guaranteed profits from quantitative strategies” are mostly fraudulent lures. The public should remain vigilant against the “impossible trinity” trap—promises of high returns, low risk, and low entry barriers.
Odaily News Trader 0xSun posted stating that news-driven trading remains one of the more cost-effective strategies in the current crypto market, with its core lying in the directionality and volatility brought by events.Reviewing several recent events, including abnormal ETH transactions, Arc fee adjustments, TAO ecosystem changes, RAVE-related investigations, and the KelpDAO security incident, all triggered significant price fluctuations within a short period. He believes that participating in such opportunities relies on either the speed of information acquisition or the ability to judge the impact of events.Furthermore, he indicated that as the recent altcoin market has gradually cooled down, he has resumed the strategy of going long on BTC while hedging by shorting some altcoin assets. He believes that against the backdrop of relatively weak liquidity and the fading of certain narratives, the overall performance of altcoins may face relatively more pressure.
According to on-chain analytics platform Lookonchain (@lookonchain), a trader purchased 2.79 billion ASTEROID tokens for $575 on April 17; the position is now worth over $1 million, representing a return of more than 1,700x.
According to on-chain analyst Onchain Lens (@OnchainLens), Kelp DAO lost approximately $294 million in the cross-chain bridge exploit. As a result, $ZRO dropped from $2 to $1.40. A whale holding a long $ZRO position on HyperLiquid was partially liquidated, incurring a loss of $2.88 million. The whale still holds the position, with an unrealized loss exceeding $750,000 and a total loss of approximately $28.98 million.
Kamino, a liquidity protocol in the Solana ecosystem, announced on X that neither the platform nor its users have been affected by the current Ethereum rsETH incident. However, as a precautionary measure, Kamino has suspended all interactions with LayerZero-related tokens in its core markets (USDS, LBTC, FBTC). Related reserve assets have been placed into “reduce-only mode,” meaning users can still withdraw funds and repay debts, but deposits and borrowing functions are temporarily disabled. Kamino added that it is in active communication with the LayerZero team and will notify users immediately once the relevant reserves resume normal operations. These measures are purely proactive risk controls; platform and user funds remain unaffected.
According to on-chain analyst Onchain Lens (@OnchainLens), the Trump Token team has transferred 7.59 million TRUMP tokens (approximately $21.81 million) to a BitGo custodial address, which is commonly used subsequently to move funds to centralized exchanges (CEXs).
Odaily News: According to Onchain Lens monitoring, the team associated with the TRUMP token has transferred 7.59 million TRUMP to BitGo Custody, valued at approximately $21.81 million.
According to on-chain analytics platform Lookonchain (@lookonchain), a trader holding 8.02 billion ASTEROID tokens has achieved an unrealized profit of $2.6 million after holding the tokens for over 580 days. Related data shows that the value of this address’s holdings has grown from nearly zero to its current level.
According to on-chain analytics platform Lookonchain (@lookonchain), impacted by the KelpDAO incident, the attacker deposited rsETH into Aave and borrowed ETH, resulting in a bad debt on Aave. As a result, several whales have begun urgently withdrawing ETH from Aave. Currently, ETH utilization on Aave has risen to 100%.
According to on-chain analyst Yujin (@EmberCN), after the hacker borrowed a large amount of ETH from Aave by pledging illegally minted rsETH, multiple whale addresses sold AAVE on-chain, causing AAVE’s price to drop 15% that day. Among them, the Polymarket user “smaugvision” sold 20,015 AAVE at an average price of $102.9, worth approximately $2.06 million; address 0xFC5 sold 20,000 AAVE at an average price of $102.8, worth approximately $2.05 million; and address 0xA2E sold 19,665 AAVE at an average price of $99.2, worth approximately $1.95 million.
According to on-chain analyst Ai Aunt (@ai9684xtpa), Sun Yuchen redeemed 53,665 ETH from Aave five hours ago, valued at approximately $126 million. This batch of ETH remains in its associated wallet address and has not been transferred further.
According to CoinDesk, Kelp DAO’s LayerZero-based cross-chain bridge was attacked, with the attacker withdrawing 116,500 rsETH—worth approximately $292 million at current prices, or roughly 18% of its circulating supply. This incident has become the largest DeFi attack of 2026 to date. In response, Aave, SparkLend, and Fluid have frozen rsETH-related markets, and Lido Finance has suspended new deposits into its earnETH product. Kelp DAO stated it is jointly investigating the incident with LayerZero, auditing firms, and external security experts.
RaveDAO responded to recent market concerns regarding RAVE’s price volatility, denying that the team has participated in or driven the token’s price movements and labeling related rumors as false. The DAO emphasized its ongoing commitment to project development. RaveDAO stated that its current strategy is long-term oriented, with plans to enhance incentive alignment between the team and the community through mechanism design—including exploring token lock-up models triggered by price or performance metrics. The team also disclosed that, per its Token Release Schedule (TRS), it will sell portions of already-unlocked tokens at appropriate times to fund operational expenses, global hiring, marketing initiatives, and strategic acquisitions. This statement implies an expectation of sustained selling pressure. Additionally, RaveDAO confirmed its continued allocation of a portion of revenues to public welfare: it has pledged to donate 20% of event profits and a portion of future operational profits to charitable causes. The project reiterated that its core objective is to build an on-chain entertainment and music ecosystem and drive Web3 user growth—not short-term price performance.
According to on-chain analyst Ai Yi, a collection of addresses suspected to be controlled by a RAVE whale currently holds 750 million tokens, with a total value exceeding $10.3 billion, representing a concentration of 75% of the supply.
Odaily News Arkham posted on the X platform, stating that it has identified the on-chain wallet address of Morgan Stanley's spot Bitcoin exchange-traded fund, the Morgan Stanley Bitcoin Trust (MSBT), becoming the first platform to publicly identify the on-chain BTC holdings of this ETF, enabling users to track fund inflows and outflows in real-time.It is reported that the Morgan Stanley Bitcoin ETF was listed on NYSE Arca on April 8, with Coinbase and BNY Mellon serving as custodians. According to Arkham tracking data, it currently holds 1,348 BTC, valued at approximately $103.92 million.
According to on-chain analyst Yu Jian's monitoring, a whale borrowed 28 million USDT from Aave in February to purchase 12,802 ETH at an average price of $2,187. Following the recent rise in ETH, the whale sold 12,402 ETH at an average price of $2,271, exchanging it back for 28.16 million USDT to repay the loan, netting a profit of 400 ETH.
Odaily News According to Lookonchain monitoring, trader "J3jfq8" spent 10,000 USDC to buy 1.12 million SPIKE 4 hours ago. Previously, he made a profit of at least $3.8 million on MOODENG, achieving a return of over 3500x. He spent 8.1 SOL ($1,072) to buy 33.4 million MOODENG when its market cap was only $320,000, and later sold for profit via DEX and MEXC.
According to on-chain analyst Axel Adler Jr. (@AxelAdlerJr), Bitcoin triggered a classic short squeeze within 24 hours, surging rapidly from $74,000 to $78,000 and liquidating approximately $526 million worth of short positions during this period—of which a single liquidation event at 13:00 UTC amounted to $357 million. Adler Jr. noted that this rally was primarily driven by forced short liquidations rather than new spot demand, casting doubt on the sustainability of the near-term accelerated price rise. Currently, around $8 billion in long positions have accumulated above $77,000 across major exchanges; whether sufficient spot demand exists to absorb these positions remains a critical variable.