Aug 01, 2023
SOC Team
Curve Finance's founder sold $CRV after hack
Outflow
Related addresses
Total tokens transferred
34.5M
CRV
13.8M
USDT
After the hack, Curve Finance's founder has sold 34.5M $CRV for 13.8M $USDT in total at $0.4 via OTC over the past 6 hours, including:
- 3.75M CRV for $1.5M USDT to Machi Brother 50 minutes ago (TXID here)
- 2.5M CRV for $1M USDT to Cream: Multisig 1 hour ago (TXID here)
- 12.5M CRV for $5M USDT to DWF Labs 1 hour ago (TXID 1 and TXID 2)
- 4.25M CRV for $1.7M USDT to dcfgod 2 hours ago (TXID here)
- 2.5M CRV for $1M USDT to Wintermute 2.5 hours ago (TXID here)
- 5M CRV for $2M USDT to Justin Sun 3 hours ago (TXID here)
- sales of $CRV may continue, want to watch out for any price changes!
- check out the dashboard for further sales here
- check previous signal about the hack here
Notably, due to the $CRV price drop from the sell-off post-hack, the Curve founder's portfolio suffered a huge setback:
- pre-hack: hovered ~$225M, mainly in $aCRV.
- post-hack on July 30: reduced to $197M
- aug 1: further dropped to $167M
- total change: -$57M
Addresses:
- Curve founder: 0x7a16ff8270133f063aab6c9977183d9e72835428
- Justin Sun: 0x3DdfA8eC3052539b6C9549F12cEA2C295cfF5296
- Dcfgod: 0xFa4FC4ec2F81A4897743C5b4f45907c02ce06199
- Machi Brother: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872
- Wintermute: 0xDBF5E9c5206d0dB70a90108bf936DA60221dC080
- DWF Lab: 0xd4b69e8d62c880e9dd55d419d5e07435c3538342
- Cream Multisig: 0x6d5a7597896a703fe8c85775b23395a48f971305
Fig 1. Addresses of $CRV buyers.
Fig 2. The current balance of Curve Finance's founder's portfolio.