Crypto researcher 0xLoki posted on Twitter that Curve founder Michael Egorov currently pledged 292 million CRV (US$181 million) and lent out US$110 million in tokens. The four main loans are as follows:
1. 190 million CRV was pledged on Aave, 65 million US dollars were borrowed, and the liquidation price was 0.37 US dollars;
2. Pledge 46 million CRV on FRAXlend, borrow 21 million FRAX, and the liquidation price is $0.4;
3. Abracadabr deposited 40 million CRV, borrowed 18 million USD, and the liquidation price was 0.39 USD;
4. 16 million CRV was deposited on Inverse, 7 million USD was borrowed, and the liquidation price was 0.4 USD.
Egorov’s actions in the past 6 hours: 1) He added about 10 million CRV margin to Aave and Abracadabra respectively; 2) He found several repayments of hundreds of thousands of dollars.