Curve chief nearly liquidated for $150M in CRV in weekend crypto crash
Egorov came close to liquidation on his highly leveraged CRV positions, which total over $150M, with CRV dipping below $0.38 on Saturday.
Egorov came close to liquidation on his highly leveraged CRV positions, which total over $150M, with CRV dipping below $0.38 on Saturday.
During the early hours of February 1, as soon as the deal expired, three of Micheal Egorov’s counterparties moved a total of 8.75 million CRV.
CRV tokens that Michael Egorov sold to avoid liquidation of his debt were briefly sent to Binance, briefly dropping their price.