🚀 Curve's founder Michael Egorov faced a hefty liquidation of 918.83K CRV ($882K) after the token's 12% drop in 24 hours. Earlier in 2024, Egorov experienced massive liquidations totaling $140M due to loans taken to support CRV prices. 📉

Despite the turbulence, Egorov remains optimistic, attributing the latest liquidation to the uWu hack repayment. Yet, CRV continues to underperform, with its TVL dipping from $3.5B to $3.25B.

What are your thoughts on the future of CRV and DeFi? Share below! 👇 #DeFi #CryptoNews