A wallet linked to the founder of the decentralized finance (DeFi) platform Curve Finance attracted attention with the transfers of millions of dollars.
Reported by on-chain analysis platform Lookonchain to data by Curve Finance founder To Michael Egorov The wallet thought to belong to Binance was recently worth millions of dollars. CRV transferred.
According to data 17 February Taking action on the day, Egorov joined the cryptocurrency exchange Binance. $1.34 million worth 2.5 million CRV ttransferred.
the wallet in question in the past 2 months $4.55 million worth 8.5 million CRV He gathered attention by transferring it to Binance. There is already a wallet thought to belong to the founder. $3.47 million worth 6.5 CRV is available.
Curve Finance founder Michael Egorov used many methods to collateralize a high-risk CRV position during last year’s crashes and ultimately saved his position from liquidation.
According to CoinGecko data, in the last 24 hours due to the news flow 3% devalued CRV, at the time of writing from $0.53 is being traded.