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TechFlow reported, according to on-chain analyst Lookonchain, Curve's founder exchanged 800,000 LDO (worth $1.33 million), 565,579 USDT, and 1.3 million DOLA for 3.2 million FRAX within the past 6 hours. He then repaid 3.2 million FRAX on FraxLend to improve his health rate.
He has deposited a total of 431 million CRV (worth approximately $246 million) across multiple platforms and borrowed $101.5 million in stablecoins.
Curve's founder exchanged 800,000 LDO (1.33 million USD), 565,579 USDT, and 1.3 million DOLA for 3.2 million FRAX within the past 6 hours. He then repaid 3.2 million FRAX on FraxLend to improve his health rate. He has deposited a total of 431 million CRV (worth approximately 246 million USD) across multiple platforms and borrowed 101.5 million USD in stablecoins.
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