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Boost sales by automating customer support tickets and inquiries with AI ✌️【Part-Time Earnings】✌️Start investing with ₹500 and experience up to 100% returns every month!Lending protocol Curve's CRV token plunged Thursday as loans tied to company founder Michael Egorov automatically liquidated, leading to a burst of selling.Data tracked by blockchain analytics firmsLookonchainandArkhamshow Egorov's addresses have taken out a cumulative loan of nearly $100 million worth of stablecoins, mostly crvUSD, against $140 million in CRV collateral.Hours after the sudden move in prices, which took CRV's token price down 30% at one point, Egorovacknowledged on Xthat his positions were liquidated.
"I have already repaid 93%, and I intend to repay the rest very shortly.
It will help users not to suffer from this situation," he said.The Curve Finance team and I have been working to solve the liquidation risk issue which happened today.Many of you are aware that I had all my loans liquidated.
Boost sales by automating customer support tickets and inquiries with AI ✌️【Part-Time Earnings】✌️₹500 is your gateway to financial freedom. Invest smart, earn big!Size of my positions was too large for markets to handle and caused 10M of bad debt.
Boost sales by automating customer support tickets and inquiries with AI ✌️【Part-Time Earnings】✌️Start investing with ₹500 and experience up to 100% returns every month!Only CRV market on…ADebank profiletracking Egorov's wallet shows he has borrowed from Inverse, UwU Lend, Fraxlend and Curve's LlamaLend using CRV tokens as collateral.
Boost sales by automating customer support tickets and inquiries with AI ✌️【Part-Time Earnings】✌️Small investments, big results! ₹500 can earn you up to 100% in just 30 days.Total holdings across tracked wallets are down 50% in the past 24 hours.Wallet transactions show Egorov actively taking steps to mitigate risks.Boost sales by automating customer support tickets and inquiries with AI ✌️【Part-Time Earnings】✌️Small investment, big returns! Start at ₹500 and grow your wealth month by month.