According to the monitoring of chain analyst Yu Jin, the 159.4 million CRV sold by Curve founder Michael Egorov in August last year will end the 6-month lock-up period on February 1. In August last year, Michael Egorov sold 159.4 million CRV to 33 investors/institutions at a price of $0.4 in over-the-counter transactions (OTC) in exchange for 63.76 million U stablecoins to repay the loan. These CRVs, which were sold at 30% below the market price at the time, have a 6-month lock-up period ("moral lock-up", even if violated, there will be no punishment/impact). The lock-up will end on February 1, 2 days later. Although there is no way to constrain the lock-up, the vast majority of investors have complied with the lock-up well, storing CRV in wallets, depositing it in Curve lock-ups or Convex. Only 2 people sold some CRV in small amounts (12,500 CRV and 50,000 CRV).