Kraken reports trading service issues; analyst says it may face liquidity pressure, with Aave-related exposure reportedly exceeding $130 million
Bitcoin News posted on X that Kraken says users are experiencing issues connecting to the platform and submitting orders via web, mobile, and API services. After the Aave market was paused, an analyst cited Kraken's reportedly over $130 million exposure and speculated that it may face liquidity pressure. No liquidity crisis has been confirmed so far.