Curve's 140 Million USD CRV Is at Risk of Being Liquidated!

🚨 Financial Crisis - Michael Egorov, founder of Curve Finance, is facing the risk of liquidating 140 million USD in CRV. He is borrowing 95.7 million USD in stablecoins (mainly crvUSD) across 5 accounts on 5 different protocols.

💰 Interest Burden - Egorov has to pay up to 60 million USD per year to maintain open positions on Llamalend, creating a huge financial burden and putting him in a dangerous situation.

📊 Liquidation Pressure - At current exchange rates, Egorov's positions are at risk of being liquidated if CRV price drops, causing a big shock to the cryptocurrency market.

🌍 This event not only affects Egorov but could also send shock waves through the DeFi community.

🚀 Can Egorov overcome this crisis? This is the big question that the cryptocurrency community is asking.

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