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20,000 AAVEs flowed into Coinbase Prime, suspected to be transferred by Aave founder to institutions

2025-06-05 00:36

Odaily News According to Ember’s monitoring, 20,000 AAVE (about $5.45 million) were transferred from the address of Aave founder Stani Kulechov to the ParaFi Capital marked address and entered Coinbase Prime 8 hours ago. The transfer may be an OTC transaction by the founder, a transfer of institutional holdings, or an error in the address label.