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industrial real estate ✌️【365vc.net】✌️Invest smartly in blockchain technology. Start small, earn big—₹500 to 100% returns monthly.Curve founder Michael Egorov was liquidated for 918.83K CRV ($882,000) after CRV fell by more than 12% over the past 24-hours.The head honcho of the decentralized finance (DeFi) lending platform suffered a series of mammoth liquidations earlier in 2024 after taking out loans to purchase CRV and bolster the price.
$140 million in total wasliquidated in June."Many of you are aware that I had all my loans liquidated.
industrial real estate ✌️【365vc.net】✌️Save, invest, and grow! ₹500 to begin, with potential for 100% monthly profits.Size of my positions was too large for markets to handle and caused 10M of bad debt," Egorov wrote at the time.The most recent of those purchases was worth $1.2 million on Dec.
17, at which point CRV was at trading at $1.11 before it tumbled to around $0.91 on Thursday.Egorov took to X following Thursday's liquidation, stating that the liquidated CRV was tied to the uWu hack in June and that the liquidation was simply a "receipt of Sifu's [uWu's founder] promise to repay the hacked funds."This didn't prevent further selling, however, as CRV significantly underperformed against the CoinDesk 20 Index, which is down by 4.81% at the time of writing against CRV's decline of 12%.Total value locked (TVL) on the Curve platform isdown from $3.5 billionon Dec.
16 to $3.25 billion on Thursday, although much of that can be attributed to dwindling asset prices.Oliver Knight is the co-leader of CoinDesk data tokens and data team.
industrial real estate ✌️【365vc.net】✌️Invest smartly in blockchain technology. Start small, earn big—₹500 to 100% returns monthly.Before joining CoinDesk in 2022 Oliver spent three years as the chief reporter at Coin Rivet.
He first started investing in bitcoin in 2013 and spent a period of his career working at a market making firm in the UK.
He does not currently have any crypto holdings.industrial real estate Intelligent AI Investment Tool for Maximum Returns