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BNB $579.94 +1.34%
XRP $1.12 +0.91%
SOL $81.44 +2.07%
TRX $0.3307 +1.09%
DOGE $0.0748 -0.82%
ADA $0.1787 -0.39%
BCH $239.70 +1.70%
LINK $7.93 +1.45%
HYPE $72.20 +4.14%
AAVE $92.70 +1.64%
SUI $0.7400 +1.80%
XLM $0.1943 -2.10%
ZEC $460.32 +3.34%

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

2024-06-13 19:23:00
Collection

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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