Multicoin Capital continues to increase its holdings in AAVE through Galaxy Digital, having accumulated a total of 278,000 tokens over a month and a half

According to on-chain analyst Yu Jin (@EmberCN), investment firm Multicoin Capital continues to purchase AAVE tokens through Galaxy Digital. Data shows that the firm has accumulated 278,000 AAVE over a period of one and a half months, with a total value of $49.52 million and an average cost price of $228, currently facing an unrealized loss of $13.9 million.

Specific transaction records indicate that after the market plummeted on October 11, Multicoin Capital purchased 210,000 AAVE at a price of $244, with a total value of $51.32 million; on November 25, they bought another 61,637 AAVE at a price of $177, with a total value of $10.94 million.