On April 8th, according to Spot On Chain monitoring, Curve Finance founder Michael Egorov resumed selling CRVs as the market recovered. Today, he has sold 236457 CRVs (approximately $108000).
Since March 24th, he has sold a total of 3.083 million CRVs ($1.62 million) at an average price of $0.527.
According to BlockBeats, on April 8th, according to Lookonchain monitoring, a wallet had just transferred all 365 BTC ($29 million) after being dormant for 10 years.
This wallet obtained BTC 10 years ago at a price of only $284.
According to Binance's announcement, the platform will adjust the collateral ratio of some assets in the unified account at 14:00 Beijing time on April 11, 2025. Multiple tokens such as ICP, SNX, and MANA will be lowered by 10 to 15 percentage points. The adjusted maximum mortgage rate is 70% for ICP and the minimum is 40% for SFP. Binance reminds users to closely monitor the maintenance margin rate of unified accounts to avoid potential liquidation risks caused by changes in collateral rates.
Odaily Planet Daily News: According to official announcements, Binance will adjust the collateral ratios of multiple currencies under the portfolio margin mode on April 11, 2025 at 06:00 (UTC), including 10 currencies such as ICP (80% → 70%), SNX (80% → 65%), and MANA (75% → 65%). The adjustment is expected to be completed within one hour. (This news is generated with AI assistance)
