CandleFocus Blockchain Capital Deposits 16,964 $AAVE to FalconX after Two Years
2024-12-13
Author: Content Editor
Venture capital platform Blockchain Capital has deposited $AAVE tokens worth $5.06 million to FalconX after a two-year period of inactivity with the token. Blockchain Capital is an early investor in the DeFi realm and has amassed a total of 233,256 $AAVE coins from various sources. The recent deposit indicates a strategic move by Blockchain Capital, potentially gearing up for big-scale trades or exploring lending and staking opportunities with $AAVE. Despite the deposit, Blockchain Capital still holds a significant amount of $AAVE, making it the largest non-centralized exchange and non-team holder of the token. This move by Blockchain Capital reflects the investor's confidence in the long-term viability of the $AAVE protocol.
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