NFT whale Christian: I did not sell CRV, 400,000 USDT was used to buy locked CVX

According to BlockBeats, on June 30, Christian, co-founder of crypto fund NDV and NFT giant whale, posted on social media that "the 400,000 USDT were not used to buy CRV, but to buy locked CVX. The CRV received was purchased before, and there was no market crash. The decline was caused by other giant whales transferring tens of millions of tokens into the exchange to serve as collateral."

It is reported that some on-chain analysts pointed out that the address suspected to be Christian bought CRV worth 400,000 USDT from Curve founder Michael Egorov at an over-the-counter price of 0.107 USDT on June 21, and sold all of it at a unit price of 0.333 USDT the next day, causing CRV to fall by 5%. On June 28, the address again received the same amount of CRV from Curve founder.