20000 AAVEs from Aave founder transferred to Coinbase Prime via ParaFi Capital wallet

PANews
PANews|Jun 05, 2025 00:38
On chain data shows that Aave founder Stani Kulechov recently transferred 20000 AAVEs (approximately $5.45 million) from his personal address to a wallet controlled by ParaFi Capital, and the tokens entered Coinbase Prime 8 hours ago. Given that ParaFi Capital was one of Aave's early investment institutions and had invested $4.5 million in Aave in 2020, this transfer may be part of an internal asset restructuring or over-the-counter (OTC) arrangement. However, considering that Kulechov gradually sold his Lido (LDO) token holdings in 2022, it is not ruled out that he may personally reduce his holdings.
+6
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads