Data: Curve founder has repaid 3.14 million FRAX debts and withdrawn 7.5 million CRV in nearly 40 minutes

PANews reported on August 1 that on-chain data showed that after Curve founder Michael Egorov (Michwill) repaid 1 million FRAX debts, he exchanged nearly 140,000 USDC and 2 million USDT for FRAX, repaid a total of 2.14 million FRAX debts, and withdrew 5 million CRV (about 1.32 million US dollars) in collateral.

In the past 40 minutes, Michwill has repaid about 3.14 million FRAX debts and withdrawn a total of 7.5 million CRV. Michwill currently has about 51.6 million CRV collateral on Fraxlend.