Justin Sun Acquires 5 Million CRV from Curve Founder
Justin Sun has purchased 5 million CRV from Curve founder Michael Egorov via OTC transactions at a price of $0.4. This move is set to marginally enhance Egorov’s position in FRAX. Along with Justin, seven other addresses conducted OTC transactions with Michael Egorov at $0.4 per CRV. Currently, CRV trades at $0.59. Hopefully, the Curve founder can avert the liquidation of his position; otherwise, it could have a negative impact on a large number of protocols in the ecosystem.
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Justin Sun has purchased 5 million CRV from Curve founder Michael Egorov via OTC transactions at a price of $0.4. This move is set to marginally enhance Egorov’s position in FRAX.Along with Justin, seven other addresses conducted OTC transactions with Michael Egorov at $0.4 per CRV.Currently, CRV trades at $0.59.Hopefully, the Curve founder can avert the liquidation of his position; otherwise, it could have a negative impact on a large number of protocols in the ecosystem.
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