Curve founder cashes out madly! 3.43452 million CRV cleared, is he running away or swapping funds?
On May 2, news reported that on-chain data showed Curve founder Michael Egorov took action again, selling 343,452 CRV (approximately $224,000). From March 24 until now, he has sold a total of 3.433 million CRV, cashing out about $1.85 million at an average price of 0.539.
The signals of continuous reduction are very clear
✔️ Since April 8, he has been continuously dumping, this is not an isolated incident, but a planned reduction;
✔️ Historical experience tells us that founders continuously cashing out usually indicates two situations: one is significant internal pressure on the project, and the other is preparing for new actions.
