A certain whale/institution bought 5.78 million CRV from CEX, approximately equivalent to 1.9 million USD
According to on-chain analyst EmberCN, the whales/institutions that sold a large number of altcoins on CEX a few days ago withdrew 5.78 million CRV (worth $1.9 million) from CEX 20 minutes ago. They may have bought in at the bottom after CRV fell due to liquidation effects. On June 13th, CRV was affected by Curve's founder's loan position liquidation and dropped to its lowest point of $0.219. The current price has rebounded about 50% 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.
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