, one of these whales withdrew 5.17 million CRV tokens from the cryptocurrency exchange Binance, which amounted to a value exceeding $2.7 million.
Remarkably, this withdrawal was completed in just approximately 20 minutes. This brought the total withdrawal by this whale to 14.44 million CRV tokens, valued at over $7.5 million. In addition to this, another whale withdrew 5.78 million CRV tokens, worth more than $3 million, within the past 24 hours. These substantial movements by the whales had a ripple effect within the ecosystem, notably impacting the volume metric.According to the volume metric provided by Santiment, there was a significant surge in trading activity for
in response to the whale movements. On 24 September, the CRV trading volume surged to over $132 million.However, it had spiked further as of this writing, hitting over $146 million. What made these spikes particularly noteworthy was that they marked the first time in over a month that the volume had reached such heights.
The previous instance of the volume exceeding $100 million occurred toward the end of August. Since then, the average trading volume has been hovering around $20 million.The daily timeframe chart revealed that the actions of the whales had a positive impact on the Curve Finance token. By the end of trading on 24 September,However, as of this writing, there had been a minor decline of less than 1%, but the token was still trading within the $0.51 price range.
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