August 7 BTCUSD BingX Chart Analysis and Today's Headline

The cryptocurrency trading volume continues to shrink every weekend, and currently, there is no sign of improvement. The low trading volume also makes it difficult for BTC to establish a sustained trend. However, this situation will not last forever. Currently, there is a significant accumulation of chips in the price range around 💲29,000, and it is important to constantly monitor the market after a unilateral breakthrough with high trading volume.

Curve's Founder Has Sold over 140 Million CRV Tokens to 30 Institutions

According to Lookonchain's monitoring, Curve's founder Michale Egorov has sold a total of 142.6 million CRV tokens to 30 institutions/investors through over-the-counter transactions at a price of $0.4 per token, using the proceeds of $57 million to repay debts. Michale Egorov currently holds $269.8 million in collateral and has a debt of $48.7 million across four platforms.

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