aaveprotocols

🔥 $293M lost in the Kelp exploit — one of the largest DeFi hacks in history, sparking a wave of fear with market sentiment at 26/100.

📊 This massive loss matters because it exposes the vulnerability of DeFi protocols, with smart money now closely watching the recovery plans of affected platforms like Aave-linked DeFi United, as #DeFiSecurity, #CryptoHacks, and #AaveProtocols trend.

💡 As DeFi United unveils its rsETH recovery plan, institutional investors are eyeing the space, with Bitcoin's Open Interest at $6.57B and a funding rate of +0.0049%, indicating bullish sentiment, while #BitcoinUp9.5%InJulyBestInFourYears reflects the broader market optimism.

📈 A close above the $72K level for Bitcoin could trigger the next leg up, especially with the current RSI at 62.3 and MACD showing a bullish crossover, as top traders remain net long at 57.8%, watching for catalysts like the rsETH recovery, which may impact #XRPActiveWalletsHitSecondLowestOf2026.

❓ Will DeFi United's recovery plan restore investor confidence, or will the $293M Kelp exploit leave a lasting scar on the DeFi ecosystem?