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
Evernorth XRP Treasury Merger Brings 473 Million XRP to Nasdaq as XRPN Debuts October 12
The transaction gives public-market investors another route to gain exposure to XRP through a company that actively manages its di...
Bain Capital Leads $37.5M Investment in Bitcoin Life Insurance Firm
Bitcoin-denominated life insurer Meanwhile raised $37.5 million in new funding led by Bain Capital Crypto, bringing its total capi...
Aave’s USDG rollover plan has a yield below most quoted borrowing rates
Aave’s proposed USDG rollover would let borrowers carry their stablecoin debt into a new fixed-yield USDG position, but the replac...
Some Aave loans sit near liquidation with collateral that can take hours to cash out
Some Aave loans backed by yield-bearing collateral had narrow liquidation buffers in LlamaRisk’s Oct. 9 snapshots. Every top PT-AU...
Ledger Confirms Hidden Hardware Implant in Affected User’s Wallet
Ledger confirmed Saturday, Oct. 10, 2026, that a hardware wallet belonging to one affected customer contained an unauthorized impl...
Bitcoin’s weekend rebound faces an $80,400 test after nearly $730 million in ETF outflows
Bitcoin traded near $82,900 in PerpFinder’s Oct. 10, 09:36 UTC snapshot, with traders watching whether the weekend rebound brings...