Because of the drop in CRV prices, Michael's lending positions on various platforms are now in a dangerous zone. The lending health rate of multiple positions has dropped to around 1.1 (i.e., if the CRV price continues to fall by 10% and there is no replenishment or repayment, liquidation will begin). In August last year, in order to avoid liquidation caused by the drop in CRV prices, Michael sold 159.4 million CRV to 33 investors/institutions in an over-the-counter (OTC) transaction in exchange for 63.76 million U stablecoins to repay the loan, with a selling price of $0.4.