Curve founder Michael Egorov has sold more curve tokens (CRV) in over-the-counter transactions with multiple crypto entities.
Blockchain data indicates that the tokens were sold at $0.40, reflecting the money Egorov sent in exchange. According to the source, the arrangement is a handshake agreement for a three to six-month lockup on the tokens. Alternatively, they can be sold at $0.80 on the open market if the price rises that high.The deals are being made in response to Egorov's large loan position that's at risk of being liquidated if the price of CRV drops considerably.
The latest movements are boosting the health of the position. According to DeBank records, this position boasts a health factor of 1.64, up from 1.5 earlier today.© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Justin Sun buys $2.9 million of CRV from Michael Egorov and partners with CurveA wallet linked to Justin Sun acquired 5 million CRV tokens for $2 million from Curve’s Michael Egorov in a likely OTC deal.
続きを読む »
Curve Finance founder's $100M debt could trigger a DeFi implosion: ReportCurve Finance founder Michael Egorov made attempts to lower his debt and utilization rate by paying 4 million to Fraxlend.
続きを読む »
Curve Finance Exploit Puts $100M+ Worth of Crypto at Risk; CRV Token TumblesMore than $100M-worth of cryptocurrency could be at risk due to a bug impacting Curve, a stablecoin exchange at the center of Ethereum’s DeFi ecosystem.
続きを読む »
Upbit suspends CRV deposits and withdrawals amid Curve Finance exploitSouth Korean crypto exchange Upbit has suspended deposits and withdrawals for Curve Finance's token, CRV.
続きを読む »
Upbit Halts CRV Withdrawal and Deposit After Curve Finance ExploitCORRECTION: South Korea's Official_Upbit says that its suspending $CRV withdrawals and deposits because of high volatility, thesamreynolds reports.
続きを読む »
Curve Finance Hacker Returns $5.4 Million, But CRV Dumps 15%The CurveFinance hacker has returned $5.4 million of stolen funds! What happened and what led to $CRV dumping 15%? Read more here -
続きを読む »