DWF Labs deposited the last 10.5M CRV ($3.44M) to Binance at loss

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Aug 22, 15:40

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DWF Labs deposited the last 10.5M CRV ($3.44M) to Binance at loss

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Related addresses

DWF Labs 0x951

Total tokens transferred

10.5M

CRV

Related transactions

DWF Labs 0x951

Binance deposit

Aug 22, 15:34

DWF Labs just deposited the remaining 10.5M CRV ($3.44M) to Binance:

transaction: 0xae4b811855cdcd02d530292d15e6a8145bfd8ca4ef6069c1a1833c79b57eb8f4
address: 0x951E337d7C2fdB9B80F6cf72c0dAC9D0568F9890
This address belongs to the entity DWF Labs

Overall, in the past 20 hours, DWF Labs has deposited all 12.5M CRV to Binance via 2 transactions at $0.33 on average ($4.12M).

Notably, DWF Labs bought those CRV tokens from Curve Finance's founder, Michael Egorov, at an OTC price of $0.4 during last year's liquidation crisis. If truly selling now, DWF Labs would realize an estimated loss of $875K (-17.5%) from CRV.

Currently, DWF Labs no longer holds CRV.

Fig 1. DWF Labs deposited 12.5M CRV ($4.12M) to Binance in the past 20 hours.

Fig 2. DWF Labs bought 12.5M CRV ($5M) from Michael Egorov via OTC a year ago.

#crv

#curve finance

#deposit

#binance

#dwf labs

#loss

#otc

#michael egorov

#founder

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DWF Labs deposited the last 10.5M CRV ($3.44M) to Binance at loss

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