DWF Labs Partner: Transferring 2 million CRV to Binance is necessary for the transaction, and the CRV will be withdrawn on-chain after the plan is completed

ChainCatcher news, DWF Labs Managing Partner Andrei Grachev responded on Twitter regarding "the transfer of 2 million CRV to Binance": "We did transfer 2 million CRV to Binance, and we may transfer more. But this is not for liquidation purposes (selling now is not a wise move), but for trading needs. Once the plan is completed, we will withdraw the CRV back on-chain."

ChainCatcher previously reported that according to on-chain analyst Yu Jin's monitoring, DWF Labs transferred part of the CRV (2 million, worth about 1 million USD) purchased through over-the-counter trading from the Curve founder to Binance some time ago.