Blockchain Capital liquidated its entire holding of 216,000 AAVE tokens and transferred them to Coinbase Prime.

CoinFeed reported on March 14th that, according to on-chain analyst Yu Jin, investment firm Blockchain Capital liquidated its entire holding of 216,000 AAVE tokens and transferred them to Coinbase Prime. Blockchain Capital had held AAVE for a long time and was previously the largest holder of AAVE. Between October 2020 and March 2023, they accumulated 233,000 AAVE tokens at an average price of $94. In December 2024, when AAVE prices were at their peak, they sold 16,900 tokens (worth $5.04 million) through FalconX.