Nansen posted on the X platform that since Aerodrome, a DEX and liquidity market based on Base, announced that Coinbase Ventures bought AERO tokens from the market, they found that the Coinbase Ventures address has purchased at least 4.7 million AERO (about $2.7 million).
In addition, TradingVaults used by Coinbase Ventures also holds 1.5 million AERO (about $936,000). The latest batch of purchases was completed 8 days ago, and all acquired tokens are locked in the Aerodrome ecosystem.
Earlier in February, CB Ventures' fund Base Ecosystem Fund announced the purchase of AERO, the native token of the liquidity agreement Aerodrome Finance. The specific purchase amount has not been disclosed. Previously, Base Ecosystem Fund made a series of investments in Avantis, BSX, Onboard, OpenCover, Paragraph and Truflation in October last year.