The founder of Curve transferred 23.26 million CRV to Silo and borrowed crvUSD

According to ChainCatcher news, monitored by Lookonchain, Curve founder Michael Egorov transferred 23.26 million CRV (worth approximately 12.3 million USD) into Silo in the past hour and borrowed 3.75 million crvUSD. This action caused the CRV TVL on Silo Llama to reach 60 million USD, setting a new historical high.

It is reported that Michael Egorov exchanged this portion of crvUSD for USDT and then repaid debts on Aave.