Bitcoin.com
2026-05-16 18:10:50

Multicoin Capital Sends Entire AAVE Stack to Coinbase Prime After $40M Loss Deepens

Multicoin Capital has moved all 286,057 of its remaining aave tokens, worth approximately $26.68 million, into Coinbase Prime, the clearest signal yet that the fund is exiting a position sitting on over $40 million in losses. How the Position Was Built Onchain data shows Multicoin Capital transferring its entire remaining Aave (AAVE) position of 286,057

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