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Curve Founder Sold 54.5M $CRV through OTC; Justin Sun, DWF Labs among Buyers

Curve Founder Sold 54.5M $CRV through OTC; Justin Sun, DWF Labs among Buyers
Handing over Money, Source: unsplash

On-chain data shows that Michael Egorov, founder of Curve Finance, has sold 54.5 million $CRV through OTC at a price of $0.4 per token. He received $21.8 million, and repaid part of his debt on Fraxlend, Aave V2 and Abracadabra.

Buyers of $CRV include Justin Sun, DWF Labs, Machi Big Brother, Cream Finance, and more. There have been reports that Wintermute was also involved in the deal with Egorov, but Wintermute CEO Evgeny Gaevoy denied it on Twitter.

Related: Curve Founder Repaid over $4M Debt on Fraxlend within One Hour

 

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