On-chain security firm SlowMist has an incident-driven liquidation-mistake (wrong kill) theory: if an attack targets peripheral modules of a DeFi protocol, and the loss is a small proportion with the core contracts not being involved, the token price will usually drop first and then recover. The panic sell-off creates a low point of sentiment, and the trend hasn’t actually reversed.
Aave v3’s Loop Safe module was exploited; 114.09 ETH was stolen. At the current ETH price of $2,702, this is about $308,000. The loss is limited to the peripheral module. As for AAVE, the current price is $182.41, and it’s still up 0.9% over the past 24 hours—no clear breakdown.
When the loss proportion is small and the core contracts are fine, a pullback around $182 is more likely to fall within the wrong-kill range. Watch whether ETH can hold steady above $2,700, and use coordinated confirmation.#AAVE #ETH
Aave v3’s Loop Safe module was exploited; 114.09 ETH was stolen. At the current ETH price of $2,702, this is about $308,000. The loss is limited to the peripheral module. As for AAVE, the current price is $182.41, and it’s still up 0.9% over the past 24 hours—no clear breakdown.
When the loss proportion is small and the core contracts are fine, a pullback around $182 is more likely to fall within the wrong-kill range. Watch whether ETH can hold steady above $2,700, and use coordinated confirmation.#AAVE #ETH