Multicoin Capital Expands AAVE Holdings Amidst Unrealized Losses
Multicoin Capital has acquired an additional 60,000 AAVE tokens, valued at approximately $10.68 million, via an OTC trade facilitated by Galaxy Digital. This move increases their total AAVE acquisitions over the past six weeks to 338,000 tokens, with a cumulative investment of $60.46 million.
Despite currently holding $13.5 million in unrealized losses on its AAVE portfolio, the firm demonstrates a long-term conviction in the Aave protocol's potential. This strategic accumulation, even amidst market fluctuations, signals confidence in future appreciation.


Cryptovka
Multicoin Capital Continues AAVE Accumulation Amidst $13.5 Million Unrealized Losses
Multicoin Capital, a prominent venture capital firm in the digital asset space, has significantly increased its holdings of AAVE tokens, the native...








