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TechFlow reports, according to Lookonchain monitoring, Curve founder Michael Egorov deposited 23.26 million CRV (worth approximately $12.3 million) into Silo within the past hour and borrowed 3.75 million crvUSD. This action pushed the CRV TVL on Silo Llama to $60 million, reaching an all-time high.
Egorov then swapped these crvUSD for USDT and repaid his debt on Aave.
In the past hour, Michael Egorov, founder of Curve, deposited 23.26 million CRV (worth approximately $12.3 million) into Silo and borrowed 3.75 million crvUSD. This action pushed the CRV TVL on Silo Llama to $60 million, reaching an all-time high. Egorov then swapped these crvUSD for USDT and repaid debt on Aave.
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