Bitcoin

when

0xce5 wallet, affiliated with Curve Finance (CRV) founder Michael Egorov, deposited 5 million CRV ($2.93 million) to cryptocurrency exchange Binance. The deposit was made when the price of CRV was $0.585.
At the time of writing this article, CRV price is trading at $0.6318.
This development is noteworthy, as the wallet purchased a total of 15 million CRV on August 15, 2023. 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. 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.
Related News: <a href="https://en.bitcoinsistemi.com/bitcoin-bull-legendary-investor-robert-kiyosaki-answers-the-question-what-will-you-do-if-bitcoin-crashes/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Bull Legendary Investor Robert Kiyosaki Answers the Question "What Will You Do If Bitcoin Crashes?"</a>
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. 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.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/founder-of-last-summers-troubled-altcoin-makes-big-transfer-to-binance/" rel="noopener noreferrer nofollow">Founder of Last Summer’s Troubled Altcoin Makes Big Transfer to Binance</a>

Founder of Last Summer’s Troubled Altcoin Makes Big Transfer to Binance

Bitcoin Sistemi EN

2024년 2월 24일에 게재된 다른 기사

Starknet token unlock takes a new turn amidst criticisms, details here

Solana’s Price Fluctuations: Key Levels and Market Sentiment

Why Polkadot (DOT) and Polygon (MATIC) Holders Are Selling to Buy Into the New DeeStream (DST) Pr...

Chainlink (LINK) or Avalanche (AVAX)? Top Crypto Analyst Says Pick Kelexo (KLXO) Over Both

Altcoin Season Expected After Ethereum ETF Approval, Analysts Declare This AI Cryptocurrency as a...

Bitcoin’s Recent Rally Triggers Increase in Millionaire Investors

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!