Multicoin Capital Sends Entire AAVE Stack to Coinbase Prime After $40M Loss Deepens
Key Takeaways Multicoin Capital deposited all 286,057 AAVE tokens ($26.68M) into Coinbase Prime on May 16. The fund bought 338,005 AAVE at an average of $218 per token in late 2025, now down nearly 60% to $88. Coinbase Prime deposits by institutional funds historically tend to precede large structured OTC exits. How the Position Was…
