According to on-chain analyst Ember, the transfer combined 98,000 AAVE withdrawn from multiple exchanges five hours earlier with 188,000 AAVE already held at the sending address.
Multicoin Capital transferred 286,000 AAVE worth $26.68 million to Coinbase Prime. According to on-chain analyst Ember, the move combined 98,000 AAVE withdrawn from multiple exchanges about five hours earlier with 188,000 AAVE already held in the address before the full amount was sent. The source did not state the purpose of the transfer.