Aave suspends WETH withdrawals leading to discounted arbitrage, whales reverse operations to net a profit of 143 ETH

According to on-chain analyst Yu Jin (@EmberCN), due to Aave suspending WETH withdrawals, the deposit certificate aEthWETH has experienced a discount.

Whale address 0x8ad withdrew 13,000 ETH (approximately 30 million USD) from the exchange, purchased 13,143 aEthWETH through Swap, and then repaid its ETH loan on Aave at a 1:1 ratio, netting a profit of 143 ETH (approximately 330,000 USD).