The founder of Curve is suspected to have once again sold 1 million CRV, cashing in $515,000

According to Spot On Chain monitoring, Curve Finance founder Michael Egorov seems to have sold CRV tokens again.

Data shows that 18 hours ago, Egorov transferred 1.997 million CRV tokens worth about $1.03 million to the wallet address "0x5a8".

Subsequently, this wallet sold 1 million CRV at an average price of $0.515 per token, receiving 515,058 USDC. Currently, the wallet still holds approximately 997 thousand CRV tokens valued at around $514 thousand.