Let's start with the Ethereum gas price in GWEI over the last 60 days. As can be seen in the graph, the average gas price has increased over the last 60 days.

The next graph shows the daily number of deposits on AAVE for the last 60 days. The graph clearly shows that starting from October 23th, when the gas prices increased significantly, the daily number of deposits decreased.

Finally, the daily amount borrowed on AAVE for the last 60 days. This graph shows that there is no clear correlation between ETH gas price and the amount borrowed on AAVE.