Aave Responds Swiftly to Security Breach
- Breach Overview: On April 18, 2026, Aave faced a critical security breach when a flaw in the single-validator setup of the rsETH LayerZero bridge allowed an attacker to approve 116,500 rsETH into Ethereum without burning tokens on the source chain, revealing significant vulnerabilities in Aave's infrastructure.
- Execution of the Attack: After exploiting the vulnerability, the attacker dispersed the illicit rsETH across seven accounts and borrowed extensively on Aave V3 in Ethereum and Arbitrum, strategically maintaining health factors near liquidation thresholds, which highlighted the dependency on the bridge's validation processes.
- Aave's Response: Aave acted swiftly by freezing transfers involving rsETH and wrsETH through its Guardian systems, effectively halting any deposits or borrowing of these assets, while the Kelp team secured 43,373 rsETH, ensuring the safety of unaffected users and assets.
- Industry Collaboration and Recovery: DeFi United initiated recovery efforts totaling $300 million, with a typical recovery of 116,131 rsETH through structured replenishment scenarios across Aave markets, gradually restoring normal operations and demonstrating the strength of industry collaboration.
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Technical Analysis for AAVE
Technical Sentiment Analysis for Aave (AAVE). As of , Aave (AAVE) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for AAVE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, AAVE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Aave (AAVE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 66.843 | 72.466 | 78.343 | 83.966 | 89.843 | 95.466 | 101.343 |
| Fibonacci | 72.466 | 76.859 | 79.573 | 83.966 | 88.359 | 91.073 | 95.466 |
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