On-chain CRV highlight amid dump

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Jun 13, 2024

SOC Team

On-chain CRV highlight amid dump

Related addresses

Michael Egorov (Curve founder)

0xf078969e55cabf9ae3f26afeb5ec627b4430f19e

Total tokens transferred

29.62M

CRV

The CRV price dropped up to 34% (3H) as the Curvefi founder, Michale Egorov, is being liquidated!

Here are some on-chain highlights:

1. Michale Egorov (@newmichwill) currently has 139M CRV ($37M) in collateral and 27M in debt across 3 platforms/wallets.

address 1: 0x7a16ff8270133f063aab6c9977183d9e72835428
address 2: 0x425d16b0e08a28a3ff9e4404ae99d78c0a076c5a
address 3: 0x9b44473e223f8a3c047ad86f387b80402536b029
These addresses belong to the entity Michael Egorov (Curve founder)

Fig 1. The current debts of Michael Egorov (CurveFi's founder).

2. Whale 0xF07 deposited 29.62M CRV ($7.68M) to Binance in the past hour due to liquidation on Fraxlend:

address: 0xf078969e55cabf9ae3f26afeb5ec627b4430f19e

Fig 2. Whale 0xF07 deposited 29.62M CRV ($7.68M) to Binance in the past hour.

#crv

#curve finance

#michael egorov

#founder

#liquidation

#deposit

#binance

Related signals

2025 Apr 13 - 21:48

Whale bought $1.5M worth of CRV despite having realized losses

Whale 0x60c spent 1.5M USDC to buy 2.389M CRV over the past 37 hours, starting its third CRV trade. Back in 2024, the whale realized a total loss of $22.5K (-3.12%) from its first two and smaller CRV trades and tended not to hold the tokens for long.

2025 Apr 07 - 19:41

Michael Egorov further sold 236,457 CRV ($108K)

Michael Egorov (Curve founder) further sold 236,457 CRV ($108K) in the past hour as the market recovered. Overall, since March 24, he has sold a total of 3.083M CRV ($1.62M) at an average price of $0.527, consistently selling near local price peaks.

2025 Apr 07 - 00:50

Whale might have sold 14,014 ETH ($22.11M) in panic

Whale 0xf07 might have sold ETH in panic over the past 3 hours, depositing 14,014 ETH ($22.11M) to Binance and withdrawing back $15.29M in USDT and USDC. The ETH price dropped 13.44% in the past 24 hours.