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A whale address has deposited its entire 20.86 million CRV holdings, worth $7.33 million, to OKX after holding the tokens for about two years, according to on-chain analyst EmberCN.
The whale bought the CRV at $0.32 each when the token plunged in June 2024 amid the liquidation of Curve founder Michael Egorov’s loan position. The address did not sell even when CRV later rose to $1.2, and is now sitting on an unrealized profit of about $530,000 at the current price of $0.35.