HTX's recent withdrawal of 600 million USDT from Aave has led to a surge in deposit rates, reflecting ongoing volatility in Tether's transactions.
HTX has withdrawn 600 million USDT from Aave, raising the platform's USDT deposit rate to 19.5%. This follows a previous withdrawal of 570 million USDT on June 5, which temporarily spiked borrowing rates to 30%. HTX had earlier transferred 400 million USDT from Aave in two transactions, indicating active management of its Tether holdings.