Half of Aave’s debt rides one leveraged Ethereum bet
August 22, 2026
Galaxy data shows fewer than 9% of Aave loans hold roughly half its debt, tied to a leveraged Ethereum staking trade a wrapper depeg could unwind.
Galaxy data shows fewer than 9% of Aave loans hold roughly half its debt, tied to a leveraged Ethereum staking trade a wrapper depeg could unwind.
Roughly $850 million of ether left exchanges in seven days as the staking queue holds near record highs.