PANews reported on June 13 that on-chain analyst Yu Jin tweeted that most of Curve founder Michael Egorov's CRV lending positions have been liquidated. Since 10 a.m. today, the cumulative amount of CRV liquidated by Curve founder Michael Egorov's CRV lending positions is about 100 million, worth about $27 million.

After the large-scale liquidation, Michael's main address still has 39.35 million CRV as collateral, and has borrowed about $5.4 million in stablecoins. Since the current loan health rate has risen above 1, this part of the collateral assets will not face further liquidation risks for the time being.