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TechFlow reports, according to on-chain analyst Yujin, one hour ago Binance Labs transferred 12.5 million CRV (worth $10 million) to Binance.
These 12.5 million CRV were purchased by Binance Labs last August for 5 million USD at a price of $0.4 per token from Curve founder Michael Egorov, with a 6-month lock-up condition that ended on February 1st this year.
The current price of CRV is $0.8; selling would realize a profit of $5 million (+100%).
According to on-chain analyst Yujin, one hour ago Binance Labs transferred 12.5 million CRV (worth $10 million) to Binance. These 12.5 million CRV were purchased by Binance Labs last August from Curve founder Michael Egorov for 5 million USD at a price of $0.4 per token, with a 6-month lock-up condition that ended on February 1 this year. The current price of CRV is $0.8; if sold, this would realize a profit of $5 million (+100%).
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