Curve Finance (CRV) founder Michael Egorovo’s $ 50 million liquidity resources were shared.
Nansen research analyst Sandra Leow has released a list of sources from which Egorov is selling Curve DAO (CRV). Egorov, who sold a total of $ 50 million CRV at an average of $ 0.40, drew attention with this move. But the sale includes a three to six month vesting contract. Except for this situation, if the price reaches $0.80, it can sell.
Michael Egorov’s liquidity resources include striking names
Sandra from the Nansen research team, known for her social media posts, shared Egorov’s liquidity resources. Although the wallet addresses of many sources are known, it has not yet been found who these wallets belong to. The most notable names on the list were Tron (TRX) blockchain founder Justin Sun and DWF Labs. Sun bought $5 million in CRVs. DWF Labs, on the other hand, made a total purchase of $ 2.5 million.
This is how the liquid resources of Curve Finance founder Michael Egorov look like for now. However, the continuation of problems on behalf of CRV will affect many areas in the sector, especially the swap pool. This means a constant search for liquidity. It is eagerly awaited where the CRV crisis, which also led to retreats in Bitcoin price, will go.