Curve founder Egorov's CRV liquidation panic was met by Tron founder Justin Sun, Maji's elder brother Huang Licheng and others buying CRV at a discount through OTC to help. Let Egorov's health factor on the Aave loan rise to 1.64 and pay down debt on other protocols. (Learning about the CRV loan liquidation crisis)
Justin Sun, Ma Ji’s eldest brother Huang Licheng and others bought CRV at a discount OTC to support Curve
According to on-chain data, there are many individuals and institutions buying CRV at a discount of 0.4, such as Justin Sun, Brother Maji, market maker DWF Labs, etc.
The Curve OTC War updates:
17.5M CRV to 0xf51 5M CRV to Justin Sun 4.25M CRV to DCFGod 2.5M CRV to Ox4d32.5M CRV to DWF Labs 2.5M CRV to Cream: Multisig 1.25M CRV to 0xcb53.75M CRV to machibigbrother.eth250k CRV to 0x9bf
— Sandra (@sandraaleow) August 1, 2023
Huang Licheng, the eldest brother of Maji, bought CRV and fully locked up the position, and Mr. Block praised it
Huang Licheng, the eldest brother of Maji, bought 1.5 million US dollars from Egorov in exchange for 3.75 million CRV (cost 0.4), and locked it into the Curve protocol to express support for the protocol.
Mr. Block, Curve’s Asian ambassador, gave a strong thumbs up: “Respect”
This article, Huang Licheng, the eldest brother of Maji, bought CRV at a discount of US$1.5 million, with 3.75 million CRV fully locked, paying tribute to Mr. Block. It first appeared on Chain News ABMedia.
