Chaos Labs Alert - New Whale Position V3 Ethereum

The Chaos Labs Risk Monitoring and Alerting platform has identified a new whale position, with the user recently supplying 85,079,259 USDT on Aave V3 Ethereum.

As USDT is a non-collateral asset on V3 Ethereum, it currently poses no additional risk to the protocol.
It is important to note there is an ongoing proposal to enable USDT as collateral.

Following this deposit, the supply cap of USDT has reached ~93% utilization. We are closely monitoring this position and will offer further recommendations as required.

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