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The CRV lending positions of Curve founders have been liquidated for a total of about 100 million CRV

The CRV lending positions of Curve founders have been liquidated for a total of about 100 million CRV

CointimeCointime2024/06/13 08:37
By:Cointime

As monitored by on-chain analyst Yu Jin, since 10:00 AM this morning, Curve founder Michael Egorov's CRV lending position has been liquidated for a total of about 100 million CRV (27 million US dollars).

Currently, there are still 39.35 million CRV mortgaged on the lending platform for a loan of 5.4 million stablecoins. This part will not be further liquidated for the time being because the loan-to-value ratio has exceeded 1.

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