According to BlockBeats, Christian2022.eth, a prominent figure in the Non-Fungible Token (NFT) space and co-founder of NDV, has reportedly made another Over-The-Counter (OTC) purchase of 3.75 million CRV tokens from Michael Egorov, the co-founder of Curve.
The transaction was detected by blockchain monitoring service Spot on Chain on June 29. This is not the first time Christian2022.eth has made such a significant purchase, indicating a strong belief in the potential of CRV tokens.
Michael Egorov, the seller of the tokens, is a co-founder of Curve, a decentralized exchange optimized for stablecoin trading. The CRV token is the native governance token of the Curve platform. The details of the transaction, including the price at which the tokens were sold, were not disclosed.
This news underscores the continued interest and investment in the cryptocurrency market by major players, despite the volatility and regulatory scrutiny the sector has faced. It also highlights the growing trend of OTC transactions, which allow large-scale investors to buy or sell large amounts of cryptocurrency without significantly affecting the market price.