TechFlow reports, according to on-chain analyst Yujin, that a significant portion of Curve founder Michael Egorov's lending position has been liquidated. Since 10:00 AM today, approximately 100 million CRV (worth around $27 million) from Michael Egorov's CRV borrowing position has been liquidated.
Currently, the main address still has 39.35 million CRV collateralized on the lending platform to borrow $5.4 million in stablecoins. This portion is temporarily safe from further liquidation as the loan health rate has risen above 1.




