Multicoin Capital and Galaxy Digital's AAVE Fund Operations Unveiled

Interesting stuff, huh? Yesterday morning, Multicoin Capital transferred 150,000 AAVE ($14.91M) to exchanges via Galaxy Digital and BitGo. Afterward, AAVE smoothly dropped 7% from $99 to $92. When AAVE hit $92, Galaxy Digital withdrew 98,000 AAVE ($9.08M) from multiple exchanges and sent it back to Multicoin Capital's address. AAVE then slightly rebounded to $93. So, is this Multicoin Capital or platforms like Galaxy Digital managing funds for Multicoin Capital? https://intel.(arkm.com)/explorer/address/0x7915f9373Ae32d1fcAF0CdF17a532a3D8046D759 -------------------------------------------------------------------------- Bitget is here, and it's VIP time! Crypto, U.S. stocks, CFDs—global opportunities all in one place.