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Coinbase Ventures Buys 4.7 Million AERO Tokens!

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By on July 11, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Coinbase Ventures Buys 4.7 Million AERO Tokens! appeared first on Coinpedia Fintech News

Nansen revealed that Coinbase Ventures has not stopped buying Aerodrome Finance (AERO) tokens and has accumulated more than 4.7 million AERO tokens worth $2.7 million. Coinbase Ventures used the TradingVault to further add 1.5 million AERO tokens to its holding. All the tokens Coinbase Ventures has acquired are locked up within the wider Aerodrome Finance ecosystem. Notably, Aerodrome Finance’s (AERO) price gained over 500% after Coinbase Ventures acquired AERO tokens.  In the last 24 hours, the price has dropped 1% after a 15% rally in a week.

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