The price of CRV fell below $0.40 after Curve DAO tokens bought over the counter from the project’s founder, Michael Egorov, were transferred to Binance — with other OTC buyers briefly underwater.
The tokens were bought in August in a move aimed at reducing Egorov’s DeFi debt liquidation risks and were supposed to be locked for six months.Stay updated on Pro Crypto Ecosystems news by locking ACS tokens with The Block.No wallet? No problem. You can set one up for free. We recommend Torus for first-time users.
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