CRV Founder Repays 1 Million $Frax Debt and Withdraws 2.5 Million $CRV Collateral, $CRV Rebounds
On-chain data reveals that one of the founders of Curve, Michwill, exchanged 1 million $USDT for $FRAX and repaid a 1 million $FRAX debt, subsequently withdrawing approximately 2.5 million $CRV as collateral. As a result, $CRV experienced a short-lived rebound to 0.56 USDT, with a surge of over 16% from its lowest point.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Benchmark analyst reiterates "Buy" rating on Japanese crypto company Metaplanet
GAIN official: Investigating issues related to abnormal token over-issuance
Data: 10 addresses received a total of 210,000 ETH within 6 hours, worth approximately $863 millions.
Trending news
MoreCrypto prices
More
