🚨 @CurveFinance founder Michael Egorov is facing loan liquidation!
He currently has 111.87 million $CRV (approximately $33.87 million) as collateral and $20.6 million in debt across 4 platforms.
How will the market react to this incident next? Can retail investors take advantage of this wave? Check out the relevant data to find out ⬇️
Event 1: CEX 24-hour net deposit (ETH) (485978.00%)
Event 2: DEX 24-hour net selling (ARB) (307.86%)
Event 3: DEX 24-hour net selling (ETH) (2002.80%)
Event 4: Smart Money 24-hour net buying (ARB) (1277.23%)
Summary of market sentiment: Negative 🚨🚨
When is the right time to buy the dip? Stay tuned for DEX trading and Smart Money purchases in the coming hours.
Because if#CRVcontinues to fall, there will be more cascading liquidations, further causing its price to plummet.