CryptoSlate reports that a significant whale has been withdrawing $290 million from decentralized finance (DeFi) platforms every midnight. Bitquery identified this pattern, noting that the borrowing rates on Aave have tripled during this period. On October 29, the borrowing rates were lower, suggesting a temporary squeeze in liquidity. This trend raises questions about the whale's strategy and its impact on the DeFi market.

AI-assisted source briefing. Based on the CryptoSlate RSS report; not independently verified.

Source published: Thu, 29 Oct 2026 19:00:42 +0000

[Read the original report](https://cryptoslate.com/aaves-midnight-usdc-withdrawals-briefly-left-lenders-with-little-spare-cash/)

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