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ETH $2,511.23 +1.50%
BNB $755.75 +0.93%
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SOL $104.93 +2.09%
TRX $0.3389 +0.52%
DOGE $0.0907 +1.62%
ADA $0.2215 +2.34%
BCH $259.38 +0.83%
LINK $12.59 -0.29%
HYPE $86.66 +3.26%
AAVE $130.21 -0.59%
SUI $0.8267 +1.59%
XLM $0.1906 +0.75%
ZEC $1,233.23 +9.57%

The $140 million CRV lending position held by Curve's founder has been liquidated

2024-06-13 19:23:00

ChainCatcher news, Arkham posted that the price of CRV has fallen below the liquidation price of Curve founder Michael Egorov, and his entire nine-figure loan positions across five protocols have been liquidated.

Michael Egorov's two accounts on Curve's Llamalend have collectively generated over $1 million in bad debt, which has been liquidated after receiving 6 million USDT from NFT whale Christian in the past hour.

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