According to monitoring by crypto analyst Yu Jin @EmberCN, investment firm Blockchain Capital has transferred its entire holding of 216,000 AAVE to Coinbase Prime, valued at approximately $24.8 million. The firm had accumulated approximately 233,000 AAVE between October 2020 and March 2023 at an average price of around $94 and had been one of the major institutional holders of AAVE for a long period.
Previously, near the AAVE price peak in December 2024, Blockchain Capital sold 16,900 AAVE via FalconX, valued at approximately $5.04 million. Following this transfer, the firm has essentially completed the divestment of its early-stage holdings.
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Blockchain Capital Suspected of Transferring 216,000 AAVE to Coinbase Prime, Valued at Approximately $24.8 Million
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Source：Odaily · Source Link
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