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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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Curve founder Michael Egorov sold 469,000 CRV, incurring a loss of over 54%.
Odaily News According to monitoring by Spot On Chain, Curve founder Michael Egorov (@newmichwill) sold 468,769 $CRV at a price of $0.508 each about 9 hours ago, exchanging it for 238,171 $USDC. Previously, from December 17 to 18, 2023, he bought 1.226 million $CRV at an average price of $1.114 (totaling about $1.37 million). Based on the current selling price, his investment has incurred a loss of 54.6%, with a loss amount of approximately $745,000.