Multicoin’s DeFi Disaster: Firm Spotted Dumping AAVE After Brutal 55% Drawdown
Onchain data shows Multicoin Capital is now more than $40 million underwater on a large AAVE position built through Galaxy Digital’s over-the-counter (OTC) desk. The firm now appears to be selling. A $73.7 Million Bet Go...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
Aave is showing up inside the DeFi theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on Bitcoin NewsRelated market context
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