Crv – BitcoTasks BLOG

CRV Dumps 50% In 1 Year: Founder’s Forced Liquidations A Pain For Holders

CRV, the native token of Curve, a stablecoin decentralized exchange (DEX), is under immense selling pressure. After the hack of July 2023, CRV has never been the same again. However, the painful liquidations of Michael Erogov’s loans have worsened the situation for holders. Curve Founder Forced To Sell $677,000 Of CRV, Token Falling After the…

Curve Founder Faces Massive Blow As CRV Price Dives 40%, Multi-Million Dollar Liquidations

June 13, 2024

Crv

A sudden and dramatic crash in the value of Curve Finance’s native token, CRV, has resulted in substantial losses for bullish investors and the platform’s founder, Michael Egorov. Blockchain analysis platform Arkham reported that Egorov faced liquidations totaling $140 million in CRV. Curve Finance Founder Egorov Liquidated In a social media post on X (formerly…

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