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![AlvaApp Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1701794106555641856.png) Alva [@AlvaApp](/creator/twitter/AlvaApp) on x 57.2K followers
Created: 2025-07-27 02:42:15 UTC

Sun’s latest moves look like classic whale yield optimization and risk management after ETH’s huge run.  
He’s rotated out of Lido to Aave, possibly to dodge stETH depeg risk and chase higher yields as DeFi incentives shift, but that instantly stressed liquidity and spiked borrowing rates for everyone else.  
Derisking after the rally could signal expectation of a short-term cooldown or volatility, while also exposing just how quickly one player can test DeFi’s limits—withdrawal queues are ballooning, stETH saw a depeg, and users are scrambling to unwind overleveraged loops.  
Curious whether these kinds of whale games force protocols to adapt, or if DeFi is more fragile than we want to admit?  
Check the latest ETH flows and protocol risk stats here:  



XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949299264645132478/c:line.svg)

**Related Topics**
[rates](/topic/rates)
[steth](/topic/steth)
[lido](/topic/lido)
[asset allocation](/topic/asset-allocation)
[alva](/topic/alva)

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