According to Lookonchain, Michael Egorov, the founder of <a target="_blank" href="https://tokeninsight.com/en/coins/curve-finance/overview" rel="noopener noreferrer nofollow">Curve</a> Finance, sold a total of 72 million CRV tokens to 15 institutions/investors at a price of $0.4 per token for a total of $28.8 million, which is used to repay debts. 
Currently, he holds 374.18 million CRV tokens (approximately $220.4 million) as collateral on 5 platforms and has $79 million in debt. 
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According to difillama data, the current liquidation price of CRV is $0.3. 
Related: <a target="_blank" href="https://tokeninsight.com/en/news/curve-founder-sold-54.5m-crv-through-otc-justin-sun-dwf-labs-among-buyers" rel="noopener noreferrer nofollow">Curve Founder Sold 54.5M $CRV through OTC; Justin Sun, DWF Labs among Buyers</a> 
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Curve Founder Sold a total of 72M $CRV through OTC

TokenInsight

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