DWF Labs deposited 2 million CRV tokens to Binance 5 hours ago

Spot On Chain monitoring shows that DWF Labs deposited 2 million CRV tokens (approximately US$683,000) into Binance 5 hours ago. It is worth noting that during last year's liquidation crisis, DWF Labs purchased 12.5 million CRV tokens from Curve founder Michael Egorov in an over-the-counter transaction at a price of $0.4 per token. Currently, they still hold 10.5 million CRV tokens (approximately US$3.5 million), ranking third in their investment portfolio. Based on the current price, their estimated total loss is US$824,000, with a loss rate of 16.5%.