Odaily Planet Daily News: The total liquidation of the Ethereum on-chain lending market in August reached US$436 million, of which Aave accounted for US$289 million, or about 66% of the total liquidation. This is the second-highest monthly liquidation amount in Ethereum's on-chain lending market in history, only lower than May 2021, when the liquidation amount was about US$671 million. The reason for these abnormally high on-chain loan liquidations is obvious: the price of ETH fell 22% month-on-month in August, and even fell 35% month-on-month at its lowest point of the month. (TheBlock)