Multicoin Capital continued to increase its holdings of AAVE through Galaxy Digital, purchasing a total of 278,000 tokens in a month and a half.

According to Mars Finance, on-chain analyst EmberCN reports that investment firm Multicoin Capital continues to purchase AAVE tokens through Galaxy Digital. Data shows that the firm has purchased a total of 278,000 AAVE tokens in a month and a half, with a total value of $49.52 million and an average cost of $228 per token. Currently, it is experiencing a paper loss of $13.9 million. Specific transaction records show that after the market crash on October 11th, Multicoin Capital purchased 210,000 AAVE tokens at $244 per token, for a total value of $51.32 million; on November 25th, it purchased another 61,637 AAVE tokens at $177 per token, for a total value of $10.94 million.