Multicoin Capital transferred 286,000 AAVE to Coinbase Prime, worth approximately $26.68 million.

CoinFeed reported on May 16 that, according to on-chain analyst Yu Jin, the Multicoin Capital address transferred a total of 286,000 AAVE (US$26.68 million) to Coinbase Prime. This was in addition to the 98,000 AAVE withdrawn from multiple exchanges five hours earlier and the remaining 188,000 AAVE in the address.