Feb 01, 01:43
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Machi Big Brother moved CRV to Binance
Outflow
Related addresses
Total tokens transferred
3.752M
CRV
Related transactions
Machi Big Brother (@machibigbrother) just deposited 3.75M CRV ($1.73M) to Binance at $0.46:
- transaction: 0x11f2d1ba2a61aea536bc06755b7c00b698b76820ee2dcab549c15c25e656a1c8
- address: 0x020ca66c30bec2c4fe3861a94e4db4a498a35872
Overall, Machi Big Brother spent $1.5M to buy these CRV tokens in an OTC deal with Curve Finance’s founder at $0.4 on August 1, 2023. Selling now would bring the whale $230K (+15.3%) in profit.
Note that the Curve Finance founder sold around 142.8M CRV to 32 entities via OTC between August 1 and 6, 2023. These tokens were subject to 3-6 month lock-up terms that ended today. This raises the question of whether more buyers would sell CRV in the upcoming days when the current price is only slightly above the OTC price.
Fig 1. Machi Big Brother just deposited 3.75M CRV ($1.73M) to Binance.