According to on-chain analyst Yu Jin's monitoring, the investment institution ParaFi Capital switched its holdings from AAVE to SKY in March and continued to increase its position by 56 million SKY (2.98 million USD) one hour ago. At the beginning of March, when the price of AAVE was 124 USD, it exchanged 42,500 AAVE for 70 million SKY, withdrawing 56 million SKY from Coinbase Prime. It currently holds a total of 126 million SKY (6.64 million USD), with an average price of about 0.066 USD, resulting in an unrealized loss of 1.72 million USD.
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