CRV has started to be liquidated, and has fallen below $0.25, with a 24-hour drop of more than 30%.
Curve founder Michael Egorov currently borrows $95.7 million in stablecoins (mainly crvUSD) on 5 accounts in 5 protocols with $140 million in CRV as collateral.
Based on the current situation, if CRV falls by about 10% again, these positions may begin to be liquidated!
Bravely buy the bottom or run away?