According to Odaily, following the liquidation crisis of CRV, six 'whale' investors have accumulated approximately 55.26 million CRV, equivalent to around 19.4 million USD. Notably, five out of these six whales are first-time buyers, reflecting a significant surge in the initial purchase volume of CRV over the past week.
The price of CRV has seen an approximate increase of 14% in the past 24 hours. This accumulation of CRV by the whales during the downturn period after the liquidation crisis indicates a strong confidence in the potential recovery and future growth of CRV.
It's important to note that the term 'whale' in the cryptocurrency market refers to an investor or entity with a large amount of capital, capable of making market-moving transactions. The actions of these whales often have a significant impact on the market, and their recent accumulation of CRV could potentially signal a positive outlook for the cryptocurrency.