A whale transferred over 4 million CRV tokens to Binance, but missed the peak selling point and only made a profit of approximately $400,000.
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TL;DR
A whale transferred over 4 million CRV tokens to Binance, missing a peak price of $1.30 that would have yielded over $5.2 million in profit. Instead, selling at the current price of around $0.34 results in only about $400,000 in profit.
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Curve DAO TokenGovernanceDeFiYield FarmingwhaleCRV tokensBinanceprofitcryptocurrency
According to Mars Finance, market sources indicate that a whale) has transferred over 4 million CRV tokens to Binance today. This whale accumulated 5 million CRV tokens a year ago at an average price of $0.26, worth approximately $1.3 million at the time. Just one month after purchasing these tokens, CRV rose to a high of $1.30, at which point his holdings were worth $6.5 million, resulting in a paper profit of over $5.2 million. However, he did not choose to sell. Currently, the CRV price is around $0.34, and selling would only yield a profit of approximately $400,000.