Justin Sun may be responsible for most Ethereum withdrawals

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According to DL News, people have withdrawn up to $1.7 billion worth of Ethereum from the lending protocol Aave over the past week. The reduced available liquidity has led to interest rates for borrowers exceeding 10%. Aave contributor Marc Zeller told DL News that Justin Sun might be the cause of most Ethereum withdrawal events, as he regularly transfers large amounts of funds in and out of the lending protocol, "He is truly unpredictable, moving billions of dollars as casually as I would buy groceries at a supermarket." Over the past three days, wallets marked on Arkham as belonging to Justin Sun have withdrawn over $646 million worth of Ethereum from Aave.

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