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<a href="https://bitcoinworld.co.in/did-curve-finance-crv-founder-michael-egorov-make-this-big-transfer-to-binance/" title="Did Curve Finance (CRV) Founder Michael Egorov Make This Big Transfer To Binance?" rel="noopener noreferrer nofollow"></a>
0xce5 wallet, affiliated with <a href="http://curve.fi" rel="noopener noreferrer nofollow">Curve Finance</a> (CRV) founder Michael Egorov, deposited 5 million CRV ($2.93 million) to cryptocurrency exchange Binance.&nbsp;
The deposit was made when the price of CRV was $0.585. This large transfer to Binance was made during the rise.
At the time of writing this article, CRV price is <a href="https://coinstats.app/coins/curve-dao-token/" rel="noopener noreferrer nofollow">trading</a> at $0.6006.
This development is noteworthy, as the wallet purchased a total of 15 million CRV on August 15, 2023.&nbsp;
See Also: <a class="row-title" href="https://bitcoinworld.co.in/amazing-donald-trump-is-no-longer-anti-crypto/" aria-label="“Amazing! Donald Trump Is No Longer Anti-Crypto” (Edit)" rel="noopener noreferrer nofollow">Amazing! Donald Trump Is No Longer Anti-Crypto</a>
The CRV came from Egorov’s most frequently used wallet during an over-the-counter (OTC) sale through several intermediary wallets on August 1, 2023.&nbsp;
This indicates that the wallet may belong to the founder of Curve Finance or to a buyer from an OTC sale.
As of now, 0xce5 Wallet still holds 10 million CRV worth $5.86 million. These funds will be unlocked on August 7, 2024.
The price of CRV has increased by approximately 10% in the last 24 hours.
Curve Finance was the victim of a major hacking attack last August.&nbsp;
However, Egorov, who made large purchases from other altcoins by showing CRV collateral, had to sell large amounts of CRV tokens at a low price in order to avoid liquidation.
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The post <a href="https://bitcoinworld.co.in/did-curve-finance-crv-founder-michael-egorov-make-this-big-transfer-to-binance/" rel="noopener noreferrer nofollow">Did Curve Finance (CRV) Founder Michael Egorov Make This Big Transfer To Binance?</a> appeared first on <a href="https://bitcoinworld.co.in" rel="noopener noreferrer nofollow">BitcoinWorld</a>.

Did Curve Finance (CRV) Founder Michael Egorov Make This Big Transfer To Binance?

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