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Published on: 2024-12-26 01:24:48 Published on: 2024-12-26 01:24:48

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security in blockchain technology ✌️【365vc.net】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!Lending protocol Curve's CRV token plunged Thursday as loans tied to company founder Michael Egorov automatically liquidated, leading to a burst of selling.Data tracked by blockchain analytics firmsLookonchainandArkhamshow Egorov's addresses have taken out a cumulative loan of nearly $100 million worth of stablecoins, mostly crvUSD, against $140 million in CRV collateral.Hours after the sudden move in prices, which took CRV's token price down 30% at one point, Egorovacknowledged on Xthat his positions were liquidated.

"I have already repaid 93%, and I intend to repay the rest very shortly.

It will help users not to suffer from this situation," he said.The Curve Finance team and I have been working to solve the liquidation risk issue which happened today.Many of you are aware that I had all my loans liquidated.

security in blockchain technology ✌️【365vc.net】✌️Achieve 100% returns in a month. AI-driven predictions make investing easy and profitable. Start today!Size of my positions was too large for markets to handle and caused 10M of bad debt.

security in blockchain technology ✌️【365vc.net】✌️Maximize your returns with smart investments. Monthly profits of up to 100%!Only CRV market on…ADebank profiletracking Egorov's wallet shows he has borrowed from Inverse, UwU Lend, Fraxlend and Curve's LlamaLend using CRV tokens as collateral.

security in blockchain technology ✌️【365vc.net】✌️Invest ₹500 in our expert-managed funds and enjoy exponential monthly profits. Join now!Total holdings across tracked wallets are down 50% in the past 24 hours.Wallet transactions show Egorov actively taking steps to mitigate risks.security in blockchain technology Smart Wealth Management for Maximum Returns

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