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DWF Labs Deposits 10.5 Million CRV Tokens to Binance | Flash News Detail | Blockchain.News
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8/22/2024 3:41:57 PM

DWF Labs Deposits 10.5 Million CRV Tokens to Binance

DWF Labs Deposits 10.5 Million CRV Tokens to Binance

According to @ai_9684xtpa, DWF Labs has transferred 10.5 million CRV tokens, valued at $3.48 million, to Binance from an OTC address that had been inactive for a year. This move suggests that DWF Labs is likely selling off their OTC tokens. In August 2023, founder Michael Egorov sold 159.4 million CRV tokens to 33 investors/institutions at $0.4 per token, with DWF Labs acquiring 12.5 million of those tokens. If DWF Labs sells their remaining portion, they will incur a loss of $717,000.

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Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references