🚨Curve Finance founder Michael Egorov scrambles to raise funds & avoid liquidation crisis!💰He's managed to raise $28.8M by dumping 72M CRV tokens at $0.40 each via OTC sales, but still has ~$80M on-chain debts to lending platforms like Aave, Abracadabra, FraxLend & Inverse Finance.📉

CRV price remains steady at 58 cents after a 20% drop since its exploit. If it hits $0.368, Aave may have to sell Egorov's CRV collateral in a low liquidity market - risky business!😬

What are your thoughts on Egorov's situation? Can he overcome this crisis? Share your opinions below!👇