Curve DAO Token

<ul><li>Fresh wallet&#39;s $CRV influx drives a 10% surge, raising questions about strategic accumulation.</li><li>Mysterious &#39;0x171&#39; whale adds liquidity to Curve Finance amid a surge in CRV supply.</li><li>Binance Labs&#39; $5 million boost to Curve DAO Token underlines commitment to DeFi recovery.</li></ul>In a recent update from Lookonchain, a notable on-chain smart money tracker, intriguing developments surrounding the CRV token and its impact on <a href="https://cryptotale.org/curve-finance-recovers-73-of-stolen-funds-following-recent-hack/" rel="noopener noreferrer nofollow">Curve Finance</a> and Binance have come to light. Over the past few days, a wallet has made significant moves in the cryptocurrency market, with implications for the broader DeFi ecosystem.A fresh wallet, created just 17 hours ago, made headlines by withdrawing 3.18 million CRV tokens, valued at approximately $1.44 million, from Binance. What&#39;s more intriguing is that this wallet promptly deposited this substantial amount of CRV tokens into Convex.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/270239049508428c811c3e768ee6f091.png" />This move immediately affected the price of CRV, causing it to surge by approximately 10% within the same day. This suggests that the wallet could be strategically accumulating CRV tokens.But this is just the tip of the iceberg. Lookonchain&#39;s data reveals that this wallet has withdrawn 9.27 million CRV tokens, equivalent to around $4.5 million, from Binance in the past 30 hours alone. These tokens were subsequently staked on Convex, indicating a substantial commitment to the CRV ecosystem.Read full article at <a href="https://cryptotale.org/crv-whale-activity-impacts-curve-finance-and-binance-report/" rel="noopener noreferrer nofollow">CryptoTale.</a>

CRV Whale Activity Impacts Curve Finance and Binance: Report

CryptoTale

Alte articole publicate pe 23 sept. 2023

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