According to on-chain analyst EmberCN, a whale address has deposited all 20.86 million CRV ($7.33 million), which it had held for approximately two years, to OKX. This whale bought the assets at $0.32 per CRV when CRV plummeted due to the liquidation of Curve founder Michael Egorov's loan position in June 2024. The whale did not sell even when CRV rose to $1.2, and based on the current price of $0.35, the profit is approximately $530,000.
