While the wider world of cryptocurrency is in recovery, Michael Egorov, the founder of Curve Finance, has picked up where he left off earlier this year and resumed a pattern of large token sales—notably, sales of his own $CRV tokens. His most recent sale, of about 236,457 $CRV tokens, valued at approximately $108,000, barely scratches the surface of the large amounts he’s been offloading on a seemingly regular basis. During this sale and especially during a series of earlier ones, Egorov has been selling right at or near local price peaks, which is a great look if you’re a fan
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]]>Curve Finance founder Michael Egorov (@newmichwill) has made a significant move, purchasing 1.08 million CRV tokens worth $1.2 million at an average price of $1.114 in the past three hours. This marks his first notable CRV buyback since the liquidation event on June 13, drawing attention to the potential resurgence of CRV’s price momentum. https://twitter.com/spotonchain/status/1868837898570940920?t=K5jO_cQu0mUFU56LXQgkZA&s=19 The purchase comes at a pivotal moment, as CRV’s price has faced a recent decline of approximately 7.8% over the last 24 hours. However, Egorov’s buyback signals renewed confidence in the token and could serve as a catalyst for reversing the downward trend. Adding to
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Curve clocked annualized revenues of nearly $37 million during the past 30 days, according to Token Terminal.
]]>DWF Labs has recently deposited all of its OTC-bought $CRV tokens to Binance, realizing a notable loss in the process. Over the past 28 hours, DWF Labs moved 12.5 million $CRV, worth $4.12 million, to Binance. However, just 9 hours ago, 10.5 million $CRV, valued at $3.44 million, was transferred out. DWF Labs has deposited all their OTC-bought $CRV to Binance at a loss! In the past 28 hours, @DWFLabs deposited all 12.5M $CRV ($4.12M) to #Binance, of which the last 10.5M $CRV ($3.44M) was transferred out 9 hours ago. With an OTC-buying price of $0.4 and an average… https://t.co/vbpeq1WLaU
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]]>Despite a recent price decline, the $sdCRV / $CRV pool on Curve Finance has seen substantial action over the past two days, with over 6 million $sdCRV and $CRV swapped, maintaining a strong peg. This activity is reflected in the pool’s vAPY, indicating sustained interest and usage. 
The $sdCRV / $CRV pool on @CurveFinance saw significant action in the last two days, with over 6M $sdCRV and $CRV swapped while maintaining a strong peg. The $sdCRV pool vAPY reflects this activity! 
pic.twitter.com/0DwiPB5hna — Stake DAO (@StakeDAOHQ) August 6, 2024 On-chain reports from Spotonchain reveal significant movements by two
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]]>$CRV has emerged as a focal point for smart traders, currently positioned strategically within the market’s entry zone. It has garnered significant attention, securing a top-three spot in the “Accumulated by Smart Money” list over the past 24 hours, earning it the coveted “Gem of SDT” label. Several notable wallet addresses have contributed to this surge in interest. For instance, wallet 0x412b, known for its impressive 61.54% win rate, recently executed a swap of 549.9K $USDT for approximately 1.94M $CRV, valued around $550K. Similarly, wallet 0x006f made strategic moves, swapping 25 $ETH for 301.97K $CRV (worth $83.3K) and exchanging 79.36K
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The DeFi protocol’s native token plunged by 28% in a single day due to liquidations stemming from a hack attempt.
]]>Curve DAO CRV, known for its innovative network and Curve.fi platform, has been making waves in the cryptocurrency arena. However, despite experiencing a notable 25% gain over the past week, CRV has encountered a slight setback, declining by 4% today. Recent reports shed light on an interesting development involving an address associated with Curve founder Michael Egorov. In the past 24 hours, this address recharged 1.5 million CRV coins to Binance, amounting to approximately 1.1 million US dollars. A closer look reveals that between January 11, 2024, and March 4, 2024, this particular address deposited a total of 12.5 million
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]]>The CRV token has maintained a relatively stable position throughout the trading week, despite the broader cryptocurrency market experiencing a slight downturn. Trading within a narrow range between $0.574 and $0.511, CRV has seen minimal fluctuations, recording a marginal 1% gain over the week while experiencing a slight 0.5% loss today. Insights from on-chain reports provided by Spotonchain shed light on recent activity involving a significant whale investor identified as 0xd4a, associated with Curve Finance. Whale 0xd4a (@CurveFinance investor) sold 2.11M $CRV for 1.17M $USDC at ~$0.556 in the past 14hrs. Notably, the whale just returned after 2+ years of
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]]>In recent developments within the cryptocurrency market, $CRV, the native token of the decentralized autonomous organization Curve DAO, has experienced a decline of nearly 4% over the past 24 hours. According to insights gleaned from on-chain reports by Lookonchain, a wallet associated with Michael Egorov, the esteemed founder of Curve.fi, has initiated a noteworthy transaction. Approximately a few hours ago, this wallet facilitated a deposit of 2.5 million CRV tokens to Binance, amounting to approximately $1.34 million in value. The transaction has sparked a degree of intrigue and speculation among investors and enthusiasts within the cryptocurrency community. A wallet related
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