CEX has retrieved 100 million USDT from Aave, and the interest rate for USDT deposits on Aave has risen to 24%.

According to Gate News bot, on-chain analyst Yu Jin monitored that under the attraction of high interest rates, after arbitrage funds deposited into Aave increased available liquidity, a CEX continued to withdraw 100 million USDT from Aave 10 minutes ago.

The current USDT deposit interest rate on Aave has risen to 24%, while the borrowing interest rate is 27.5%. Over the past 3 hours, this CEX has withdrawn a total of 700 million USDT from Aave.