🟥 CRV Price Dropped by 5% — The Sell-off on CEX Cost $747,000!
📦 One of the major holders transferred 4.29 million CRV tokens to a centralized exchange worth $2.35 million. Seven hours after the transaction, the price plummeted by 5%!
💸 He withdrew these tokens from the exchange last spring at $0.72, and sold them now at $0.54.
Result: minus $747,000.
📉 This is classic: large sell-off → panic → price drop.
⚠️ Let's keep an eye on on-chain data and think carefully before selling.