The cryptocurrency trading volume continues to shrink every weekend, and currently, there is no sign of improvement. The low trading volume also makes it difficult for BTC to establish a sustained trend. However, this situation will not last forever. Currently, there is a significant accumulation of chips in the price range around 💲29,000, and it is important to constantly monitor the market after a unilateral breakthrough with high trading volume.
Curve's Founder Has Sold over 140 Million CRV Tokens to 30 Institutions
According to Lookonchain's monitoring, Curve's founder Michale Egorov has sold a total of 142.6 million CRV tokens to 30 institutions/investors through over-the-counter transactions at a price of $0.4 per token, using the proceeds of $57 million to repay debts. Michale Egorov currently holds $269.8 million in collateral and has a debt of $48.7 million across four platforms.
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