MEXC Maintains $347M USDT Position on Aave v3 Amid Gradual Withdrawals

News Flash 2026-04-21 12:56

MEXC continues to hold a significant $347 million USDT position on Aave v3, despite ongoing withdrawals. Since April 19, MEXC has been withdrawing funds in transactions ranging from hundreds of thousands to millions of dollars. As of April 21, MEXC remains the largest known entity on Aave, with multiple addresses still holding the substantial USDT amount. In comparison, CoinEx and Kiln also maintain large positions on Aave, with $151 million and $165 million in USDT, respectively. These holdings highlight the significant activity and interest in Aave's lending platform by major entities.

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