A certain whale/institution bought 5.78 million CRV from CEX, approximately equivalent to 1.9 million USD

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Bitget2024/06/17 01:40

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.

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