According to ChainCatcher, according to the monitoring of on-chain analyst Yu Jin, a whale bought 6.313 million CRV on the chain 1 hour ago, and then transferred it to Binance for arbitrage, earning a profit of $160,000 (10%).

Affected by the liquidation of the loan position of Curve founder Michael Egorov, the price of CRV on the chain is lower than that of CEX. The whale withdrew 1.5 million USDT from Binance and bought 6.313 million CRV on the chain at an average price of $0.237, and then transferred it to Binance at a price of $0.263.