Foresight News reports that according to Spot On Chain monitoring, Curve founder Michael Egorov purchased 1.08 million CRV (approximately 1.2 million USD) at an average price of 1.114 USD in the past 3 hours. This is the first time he has made a large CRV repurchase since the liquidation event on June 13. Currently, the CRV price has dropped by approximately 7.8% in the past 24 hours.