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DWF Labs transferred 10.5 million CRV to Binance 5 minutes ago, equivalent to 3.48 million US dollars

BlockBeats news, on August 22, according to @ai_9684xtpa monitoring, five minutes ago, DWF Labs' CRV OTC address, which had been silent for a year, recharged 10.5 million CRV to Binance, worth $3.48 million.


In August 2023, Curve founder Michael Egorov sold 159.4 million CRV to 33 investors/institutions at a price of $0.4, of which DWF took over 12.5 million. If all the remaining parts are sold, it will lose $717,000.

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Curve founder sells CRV through OTC to avoid liquidation, with the primary goal of repaying debt.
DWF Labs was first accused of market manipulation in September 2023, and Binance strongly denied any claims of market manipulation on its platform.
BlockBeats recently conducted an exclusive interview with DWF Labs, a well-known market maker in the cryptocurrency industry, to gain insight into the liquidity truth behind the recent community controversy.
The investment portfolio has exceeded 100 projects, DWF Labs' investment philosophy and important investment list.
DWF Labs' business scope covers market making, PR and marketing, platform spot and derivatives coin-up, BD and partnerships, and fundraising.
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