PANews reported on November 26 that, according to on-chain analyst Ember, Multicoin Capital purchased 60,000 AAVE tokens (worth $10.68 million) through Galaxy Digital OTC just four hours ago. In a month and a half, they had purchased a total of 338,000 AAVE tokens (US$60.46 million), at an average price of US$219. Their unrealized loss was US$13.5 million. He purchased 210,000 AAVE tokens (US$51.32 million) at a price of US$244 after the sharp drop on October 11. On November 25, 61,637 AAVE tokens were purchased (totaling $10.94 million) at a price of $177 each. On November 26, he purchased 60,000 AAVE tokens (US$10.68 million) at a price of US$178.PANews reported on November 26 that, according to on-chain analyst Ember, Multicoin Capital purchased 60,000 AAVE tokens (worth $10.68 million) through Galaxy Digital OTC just four hours ago. In a month and a half, they had purchased a total of 338,000 AAVE tokens (US$60.46 million), at an average price of US$219. Their unrealized loss was US$13.5 million. He purchased 210,000 AAVE tokens (US$51.32 million) at a price of US$244 after the sharp drop on October 11. On November 25, 61,637 AAVE tokens were purchased (totaling $10.94 million) at a price of $177 each. On November 26, he purchased 60,000 AAVE tokens (US$10.68 million) at a price of US$178.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more