Curve founder suffered a big shock! 100 million CRVs were liquidated, worth up to $27 million!

Curve founder Michael Egorov has recently suffered a big financial shock! According to on-chain analyst Yu Jin, starting this morning, Michael's CRV lending positions have been liquidated by a staggering 100 million CRVs, worth up to $27 million! 💸💥

Currently, although Michael still has 39.35 million CRVs as collateral on the main address and has successfully borrowed 5.4 million stablecoins, this part of the assets will not continue to be liquidated for the time being because its lending health rate has stabilized above 1. 🔒

This incident has undoubtedly brought a lot of shock to the cryptocurrency market, and also reminded investors and borrowers to manage their digital assets more carefully. 📉🔔#现货以太坊ETF获美SEC批准 #meme板块关注热点 #MegadropLista