Markets· ★★★· bearish·

Large holder dumps CRV and PENDLE at $9.61M loss

  • —Sold 37.26M CRV bought at an average $0.51 and sold at $0.35, a $5.97M loss
  • —Moved 4.01M PENDLE to OKX and sold at $2.38 versus a $3.29 average cost, a $3.64M loss
  • —CRV was held for three years, PENDLE for one year
  • —Combined losses totaled $9.61 million
Why it matters: A whale liquidating long-held positions could add selling pressure on CRV and PENDLE and signals capitulation among some holders.
Source: TokenPost