X @Lookonchain
Lookonchain·2026-05-16 01:36
Multicoin Capital, which lost over $40M on $AAVE, has just deposited all 286,057 $AAVE($26.68M) into Coinbase Prime.https://t.co/mUkpzpqMe5https://t.co/0RWMn6aHJP https://t.co/4KdZOWLslULookonchain (@lookonchain):Multicoin Capital is down over $40M on $AAVE and now appears to be selling to cut losses.Between Oct. 13 and Nov. 25, 2025, Multicoin Capital received 338,005 $AAVE($73.7M) from Galaxy Digital OTC wallet at an average price of $218.It is now sitting on losses of over $40M. https://t.co/sY1HhqOVfc ...