CRV sold by Curve founder OTC may be unlocked within 2 weeks
On January 22nd, it was reported that CRV sold by the founder of Curve through OTC may be unlocked within 2 weeks. The founder of Curve previously conducted OTC transactions of CRV 6 months ago at an average price of $0.4 to repay on-chain loans. It was confirmed at the time that the tokens sold had a 6-month lock-up period. Previously reported on August 23rd, Michael Egorov, the founder of Curve Finance, stated that he believes CRV OTC buyers will adhere to the 6-month lock-up commitment and that there will be no negative impact for those who violate it. Since August 1st, the founder of Curve has sold a total of 157.4 million CRV tokens to 33 investors/institutions, raising $62.96 million in funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Treasury Targets Houthi Crypto Wallets, Financial Network
Securitize Reports Highest-Ever Dividend of $4.17 Million for Tokenized Treasury Product
Market Turmoil Hits Pi Network: Investors Face Uncertain Future
In Brief Pi Network's value has sharply declined, alarming many within the community. Experts predict a potential price drop of Pi Coin to $0.1 if trends continue. Investor confidence remains shaky due to regulatory and technical uncertainties.

1 in every 5 Americans hold Crypto: Ripple CLO
Trending news
MoreCrypto prices
More








