In the past week, Aave liquidated close to $300 million, an all-time high

According to the latest data from IntoTheBlock, Aave has experienced the largest liquidation in its history over the past week, with close to $300 million liquidated. With ETH down 25%, most of the liquidation stemmed from a stablecoin loan collateralized by (wst) ETH. The agreement stayed strong, adding $6 million to the Aave DAO's profits.