Odaily Planet Daily News Chain data shows that Curve founder Michael Egorov seems to sell CRV again through OTC and repay debts on Abracadabra. Currently, 1.25 million CRVs are sold to StakeDAO at a price of 500,000 USDT, with an average price of $0.4.
According to previous reports, DeBank data showed that Curve’s founder’s address received 1.5 million USDT from an address marked as “YFI:reserve” (Etherscan marked as “Yearn: Treasury”), and then exchanged 1.5 million USDT for 1.51 million A MIM.
Curve founder address repays 1.51 million MIM debts on Abracadabra again, redeems 3.75 million CRV and sends them all to the YFI:reserve address, or conducts OTC transactions again. The average price of CRV is still $0.4.