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Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown
Multicoin Capital built a $73.7M AAVE position via Galaxy Digital OTC at $218 avg. The firm is now down $40M+ and appears to be selling.
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Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown
Multicoin Capital built a $73.7M AAVE position via Galaxy Digital OTC at $218 avg. The firm is now down $40M+ and appears to be selling.
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Multicoin Capital Sends Entire AAVE Stack to Coinbase Prime After $40M Loss Deepens
Multicoin Capital deposited all 286,057 AAVE tokens ($26.68M) into Coinbase Prime on May 16, deepening exit signals.