Last August, Curve founder Michael Egorov sold 159 million CRV to 33 whales/institutions at a discount price of 0.4 (the market price was 0.6 at the time).

The whale/institution we are talking about today spent 10 million U to buy 25 million CRV. After buying, he kept these CRV in 3 wallets without moving (nor staking), until yesterday and today, he transferred the CRV in two of the wallets to Binance.

The current price of CRV is only 0.22, and the institutional discount price last year has been cut in half now.

The real awesome thing is Sun Ge's moral lock-up