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#MichaelEgorov
, founder of Curve, tackled an $80M
#debt
by selling 158M CRV tokens at $0.4 each, a 30% market discount, in
#OTC
deals to avoid DeFi
#loan
#liquidation
. Despite a lock-up agreement, market pressures loom.
$CRV
CRV token
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
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CRV
0.5679
-3.30%
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An hour ago, the #US_GOVERMENT ’s BTC address sold 10,000 $BTC , which is less than 5% of their reserve. It’s uncertain whether the #Biden administration will sell more in the future. It’s quite risky. It might be a good idea to #TakeProfits on long positions from last night. Fortunately, with 20x leverage, there's still a 50% gain. Waking up to a 50% profit after a good night's sleep is still pretty good. 💰🚀
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