NFT whale Christian: Did not sell CRV, 400,000 USDT is used to buy locked CVX

ChainCatcher news, Christian, co-founder of the encrypted fund NDV and NFT whale, stated on social media, "400,000 USDT was not used to buy CRV, but to buy locked CVX. The CRV received is from previous purchases, and there was no dumping. The decline is due to other whales transferring over ten million tokens in, which were transferred in for collateral."

ChainCatcher previously reported, according to X platform user @maid_crypto, some on-chain analysts pointed out that the suspected @Christianeth address 0xc75……7fb purchased CRV worth 400,000 USDT at an OTC price of 0.107 USDT from Curve founder Michael Egorov on June 21, and sold all of it the next day at a price of 0.333 USDT, causing a 5% drop in the CRV market. On June 28, he again acquired an equivalent amount of CRV from the Curve founder.