Whale Withdraws 5.78 Million CRV from Binance | Flash News Detail | Blockchain.News
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6/17/2024 1:10:07 AM

Whale Withdraws 5.78 Million CRV from Binance

Whale Withdraws 5.78 Million CRV from Binance

According to @EmberCN, a whale or institutional investor that recently sold various altcoins on Binance has just withdrawn 5.78 million CRV ($1.9M) from the exchange. This move likely indicates a bottom-fishing strategy following CRV's recent price drop due to the liquidation of a loan position held by Curve's founder. On June 13, CRV's price plummeted to $0.219 but has since rebounded by approximately 50%.

Source

余烬

@EmberCN

Analyst about On-chain Analysis