Tag: Michael Erogov

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CRV Dumps 50% In 1 Year: Founder’s Forced Liquidations A Pain For Holders

July 26, 2024

CRV, the native token of Curve, a stablecoin decentralized exchange (DEX), is under immense selling pressure. After the hack of July 2023, CRV has never been the same again. However, the painful liquidations of Michael Erogov’s loans have worsened the situation for holders. Curve Founder Forced To Sell $677,000 Of CRV, Token Falling After the…
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Curve Founder Moves Over 23 Million CRV To Binance, Is It Time To Take Profit?

December 28, 2023

Curve Finance founder Michael Erogov has moved over 23 million CRV, the native governance token of the Curve DAO, to Binance, the world’s leading cryptocurrency exchange, over the last five days, The Data Nerd, on December 27, shows. The founder moved 2.5 million CRV on December 27. This transfer may ruffle investors, raising concerns because it could…
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