Blockchain Capital Deposits 216,000 AAVE into CEX, Potential Profit of Nearly $8 Million
BlockBeats News, March 14th, according to EmberCN monitoring, one week ago, investment firm ParaFi Capital sold AAVE and switched to SKY;
Today, investment firm Blockchain Capital also fully liquidated its holdings of 216,000 AAVE (24.8 million U.S. dollars) and transferred them to Coinbase Prime. Address: 0x3744DA57184575064838BBc87A0FC791F5E39eA2
Blockchain Capital has held AAVE for a long time and was previously the largest AAVE holding institution. They accumulated a total of 233,000 AAVE at an average price of $94 between October 2020 and March 2023.
“In December 2024, when AAVE price was at its highest, they sold 16,900 AAVE (5.04 million U.S. dollars) through FalconX, and the rest was transferred to Coinbase Prime today. If sold, their overall profit on AAVE would be approximately 7.9 million U.S. dollars.”
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