Michael Egorov Sells 34 Million Dollars in CRV and Repays Debts Worth Millions!

Michael Egorov has reportedly sold another 34 million CRV tokens, making approximately $42.41 million in total. Egorov is known for his involvement in the decentralized finance (DeFi) industry and has been actively managing various projects in the space. Along with this sale, he has also repaid $7.52 million of his debt on the Abracadabra protocol and $6.1 million on Aave. However, Egorov still has a remaining debt of $65.34 million. Despite this, his actions have renewed investors’ confidence in the DeFi industry, which has been going through a rough patch.