Founder of DeFi Giant Curve Gets Liquidated Again as CRV Slumps

Description

Curve founder Michael Egorov was liquidated for 918.83K CRV ($882,000) after CRV fell by more than 12% over the past 24-hours. The head honcho of the decentralized finance (DeFi) lending platform suffered a series of mammoth liquidations earlier in 2024 after taking out loans to purchase CRV and bolster the price. $140 million in total was liquidated in June . "Many of you are aware that I had all my loans liquidated. Size of my positions was too large for markets to handle and caused 10M of bad...