PANews reported on April 4 that according to Spot On Chain monitoring, DWF Labs transferred 500,000 USDT to Michael Egorov (founder of Curve) 9 hours ago. About 2 hours ago, Michael Egorov exchanged all 500,000 USDT for 826,764 CRV at a price of $0.605. It is worth noting that on August 1, 2023, DWF Labs spent 5 million USDT to buy 12.5 million CRV from Michael Egorov at an over-the-counter price of $0.4, and still holds these tokens (currently worth $7.6 million), ranking second in its portfolio.