Crypto Trader Losses $50M in a Single Swap from the Aave Protocol for AAVE

A cryptocurrency trader recently suffered a massive loss of nearly $50 million in a single decentralized swap on the Ethereum blockchain. The incident occurred on March 12, 2026, when the user attempted to exchange approximately $50 million worth of USDT specifically, interest-bearing aEthUSDT from the Aave protocol for AAVE tokens directly through the official Aave

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