Multicoin Capital continues to increase its holdings of AAVE through Galaxy Digital, accumulating a total of 278,000 tokens in one and a half months.

According to ChainCatcher, on-chain analyst Ember (@EmberCN) has monitored that the investment firm Multicoin Capital continues to purchase AAVE tokens through Galaxy Digital. Data shows that over the past month and a half, the firm has accumulated a total of 278,000 AAVE, with a total value of $49.52 million, at an average cost of $228 per token, currently facing an unrealized loss of $13.9 million.

Specific transaction records show that after the market plummeted on October 11, Multicoin Capital purchased 210,000 AAVE at a price of $244, totaling $51.32 million; on November 25, they bought another 61,637 AAVE at a price of $177, totaling $10.94 million.