The founder of Curve repaid 3.2 million FRAX on the Fraxlend platform to improve the health coefficient

According to ChainCatcher news, monitored by Lookonchain, the address of the Curve founder has exchanged 800,000 LDO (worth $1.33 million), 565,579 USDT, and 1.3 million DOLA for 3.2 million FRAX in the past 6 hours. He then repaid 3.2 million FRAX on Fraxlend to improve the health factor.

It is reported that he has deposited a total of 431 million CRV (worth $246 million) and borrowed $101.5 million in stablecoins across multiple platforms. (Source link)