MULTICOIN’S $AAVE MOVE RAISES OTC SELLING QUESTIONS ⚠️

Reported Lookonchain data indicates Multicoin may be reducing $AAVE exposure via OTC channels at a potential loss. The fund reportedly received around 338,005 $AAVE, valued near $74 million, last October and November, then moved roughly 150,000 tokens to Galaxy and BitGo within five hours on May 15/16.

For traders, the key issue is not confirmation of selling, but liquidity absorption. Large OTC-related transfers can reduce visible exchange pressure, yet still affect sentiment if market participants interpret them as institutional distribution. Monitor spot depth, derivatives positioning, and whether follow-on transfers appear.

Not financial advice. Manage your risk.

#AAVE #CryptoMarket #DeFi #Altcoins #BinanceSquar

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