Multicoin Capital has transferred 150,000 AAVE tokens, valued at approximately $14.91 million, to Galaxy Digital and BitGo, according to on-chain analyst Yujin. These assets were subsequently distributed to exchanges including Binance, OKX, Coinbase, and Bybit, potentially for sale. Multicoin Capital had previously acquired 338,000 AAVE tokens at an average price of $219 in November 2025. With the current AAVE price around $99, the firm faces an estimated loss exceeding $40.56 million, marking a 55% decline in value.
Multicoin Capital Transfers 150,000 AAVE to Exchanges Amid Potential Losses
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