Aave experienced a massive multi-chain liquidation event with 267.6M USD in total volume across 7 blockchain networks, involving 6,950 unique wallets. Ethereum dominated the liquidations with 216.6M USD (81% of cross-chain volume), while Polygon showed the highest liquidation count at 3,115 events. Stablecoins USDC and USDT were particularly impacted, representing 70% of the total liquidation volume at 188M USD, with an average liquidation size of 26,948 USD during the 48-hour period.