Odaily Planet Daily News According to Spot On Chain monitoring, DWF Labs transferred 2 million CRVs from Binance. It previously transferred 2 million CRVs on the 19th, and currently holds 12.5 million CRVs.
Andrei Grachev, managing partner of DWF Labs, said that the transfer from Binance is for inventory management, and it may be transferred to Binance again.
As previously reported by Odaily, DWF Labs managing partner Andrei Grachev tweeted: "(We did) transfer 2 million CRV to Binance, and may transfer more. But this is not for liquidation purposes ( Selling now is not a wise move), but for trading needs. When the plan is completed, we will withdraw CRV to the chain."