đ„Curve founder faces huge liquidation crisis!
CRV loan positions worth $140 million are in dangerđ„
đȘ Arkham monitoring shows that Curve founder Michael Egorov's $140 million CRV loan positions on 5 protocols are on the verge of liquidation, and he has borrowed $95.7 million in stablecoins (mainly crvUSD).
đž Based on current interest rates, Egorov needs to pay $60 million a year to maintain his position in LlamaLend, and his three accounts account for 90% of the crvUSD borrowed by the protocol.
â ïž If the price of CRV falls by about 10% again, these positions will face liquidation! How will the founder of Curve respond to market fluctuations? Pay attention to the latest developments! đ
