Multicoin Capital sells AAVE for $99, incurs losses of over 4060 million

On chain data shows that Multicoin Capital hoarded 338000 AAVEs for $219 in November last year and is now selling them for $99, resulting in a loss of over 4060 million (-55%). Within one hour, 150000 AAVEs (worth 149 million) were transferred to Galaxy Digital and BitGo, and then dispersed to CEX such as Binance, OKX, Coinbase, Bybit, etc. Address: 0x7915f9373Ae32dfcAF0CdF17a3532AD8046D759 (Ashes)