Multicoin Capital suspected of acquiring 210,000 AAVE worth approximately 51.32 million USD

Multicoin Capital reportedly acquired 210,000 AAVE valued at approximately 51.32 million USD within 11 hours. The purchase was highlighted by on-chain analyst Ember, noting the link to recent market shifts. AAVE was transferred from Binance, OKX, and Bybit to Galaxy Digital’s OTC wallet before reaching Multicoin’s address.

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