Svmuu News: According to monitoring by crypto analyst Yu Jin @EmberCN, investment firm Blockchain Capital has transferred all of its 216,000 AAVE holdings, worth approximately $24.8 million, to Coinbase Prime. The firm had accumulated approximately 233,000 AAVE between October 2020 and March 2023, at an average price of about $94, and was one of the primary institutional holders of AAVE for a long time.
Previously, near the AAVE price peak in December 2024, Blockchain Capital sold 16,900 AAVE worth approximately $5.04 million via FalconX. Following this latest transfer, its early holdings have largely been moved out.
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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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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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