Pledge lending is ultimately just a tool for cashing out $CRV
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余烬Ember
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Most of the lending positions of Curve founders have been liquidated.
Since 10 am today, Curve founder Michael Egorov's CRV lending positions have been liquidated for a total of about 100 million CRV ($27M).
At present, there are still 39.35 million CRV on the main address pledged on the lending platform to borrow $5.4 million in stablecoins. This part will not be liquidated for the time being because the lending health rate has reached more than 1.
Curve founder main address: 0x7a16ff8270133f063aab6c9977183d9e72835428
Since 10 am today, Curve founder Michael Egorov's CRV lending positions have been liquidated for a total of about 100 million CRV ($27M).
At present, there are still 39.35 million CRV on the main address pledged on the lending platform to borrow $5.4 million in stablecoins. This part will not be liquidated for the time being because the lending health rate has reached more than 1.
Curve founder main address: 0x7a16ff8270133f063aab6c9977183d9e72835428
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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