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 Mar 26 - 21:03

Michael Egorov sold another 231,352 CRV ($130K)

Michael Egorov (Curve founder) sold another 231,352 CRV for $130,036 in USDC and USDT in the past 8 hours, bringing his 3-day total sale to 2.697M CRV for $1.442M at an average price of $0.535. The CRV price pumped 12.30% in the past 24 hours.

2025 Mar 26 - 11:24

Michael Egorov likely further sold 997K CRV ($558K)

Wallet 0x5a8 just sold the last 996,533 CRV for 558,471 USDC. The wallet received 1.997M CRV from Michael Egorov, the founder of Curve Finance, a day ago and has since sold all for 1.074M USDC at an average price of $0.538 over the past 7 hours.

2025 Mar 26 - 04:09

Michael Egorov might have sold another 1M CRV ($515K)

Wallet 0x5a8 just sold 1M CRV for 515,058 USDC. Notably, the wallet received 1.997M CRV (worth $1.03M) from Michael Egorov, the founder of Curve Finance, 18 hours ago, and now has 997K CRV (worth $512K) remaining.