According to the analysis of on-chain analyst Yu Jin, as reported by Jinse Finance, several whales/institutions who recently transferred many altcoins to Binance for sale withdrew 5.78 million CRV (worth $1.9 million) from Binance 20 minutes ago, possibly buying the dip after CRV was affected by the clearing of Curve's founder's lending position on June 13th, causing the price to drop to a low of $0.219. The price has since rebounded by about 50% from the lowest point.
A whale/institution bought 5.78 million CRV from Binance, equivalent to about 1.9 million US dollars
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CRV
0.3279
-4.43%
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