Multicoin Capital purchased AAVE tokens worth $10.94 million

According to on-chain analyst Yu Jin's monitoring, Multicoin Capital continued to purchase AAVE through Galaxy Digital, acquiring 278,000 AAVE (49.52 million USD) over the past month and a half, with an average price of 228 USD, resulting in an unrealized loss of 13.9 million USD.

After the significant drop on October 11, they purchased 210,000 AAVE (51.32 million USD) at a price of 244 USD; today, they bought 61,637 AAVE (10.94 million USD) at a price of 177 USD.