AAVE returns as the king two years later!!! Blockchain Capital detonates the market with $5.06 million in increased holdings
After two years of silence, Blockchain Capital re-entered the AAVE market. According to the latest report, the company deposited 16,964 AAVE tokens worth $5.06 million through the FalconX exchange, marking the first large-scale mobilization of their AAVE assets since August 2020.
As an early investor in AAVE, Blockchain Capital acquired 233,256 AAVE tokens at an average price of $82.9 between August 2020 and March 2023 through various means, including over-the-counter transactions and project wallets. After this transaction, their AAVE holdings increased to 216,292, with a market value of approximately $66 million, further consolidating its position as the largest non-team/CEX holder of AAVE.
This move not only highlights Blockchain Capital's long-term optimism about the AAVE project, but also shows the strategic layout of institutional investors after market adjustments. In the future, how the direction of AAVE will affect the market trend is worthy of close attention by every investor.
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