🚨Shocked!
Huge amounts of CRV held by Curve founder were liquidated,
UwULend lending platform caused a stir! 🚨
🔥Today, the digital currency circle has set off a big storm! According to the PeckShield security monitoring agency report, the astonishing 20.2 million CRV tokens held by Curve founder Michale Egorov were liquidated on the well-known lending protocol UwULend platform! 😱
💸This is not just a number, it represents huge wealth and trust. Michale Egorov, as the founder of Curve, has always been a leader in the industry, and his actions often lead the market. However, this time his CRV tokens were liquidated, which undoubtedly dropped a heavy bomb on the entire market! 💣
🔍According to PeckShield's detailed report, the executor of this liquidation was the address marked as sifuvision.eth. At present, there has been no clear official response to the specific reasons and motivations behind the liquidation. But this incident has attracted widespread attention and discussion in the community. 🗣️
💡It is worth mentioning that UwULend officials responded quickly after the incident, saying that they had repaid all bad debts in the wETH market, totaling 481.36 wETH, worth about $1,734,042. Although this move has alleviated the panic in the market to a certain extent, Michale Egorov's loss is still a huge unknown. 🤔
🔮This incident not only raises questions about the security of the UwULend platform, but also rings the alarm bell for the entire digital currency lending market. While pursuing high returns, should we also pay more attention to risk management and control? 🤔
💬Finally, I want to say that although the digital currency market is full of opportunities and temptations, it is also accompanied by huge risks and challenges. In this ever-changing world, we need to keep a clear mind and keen insight to gain a foothold in this market. 💪
