A whale bought 6.313 million CRVs on the chain 1 hour ago and made a profit of 160,000 dollars
According to Ember monitoring, a whale bought 6.313 million CRVs on the chain 1 hour ago, and then transferred to Binance to sell arbitrage and get 160,000 dollars (10%) profit. Affected by the liquidation of the loan position of Curve founder Michael Egorov, the CRV price is lower on the chain than CEX. The whale raised 1.5 million USDT from Binance to buy 6.313 million CRVs on the chain at an average price of 0.237 dollars, and then transferred to Binance at a price of 0.263 dollars. Expected profit 160,000 dollars (10%).