Curve founder: The 30 million CRV sold to Christian will be delivered in batches in mid-August

ChainCatcher news, regarding the acquisition of 30 million CRV by NextGen Venture co-founder Christian from Curve founder Michael Egorov on June 13, Egorov responded today on social media, stating: "It needs to be clarified that at that time the liquidation amount of CRV was very large, and the market could not effectively handle all the liquidations within half an hour. Therefore, to prevent bad debts, on June 13, I sold 30 million unblocked CRV to Christian, who will receive this 30 million CRV in batches in mid-August. Next, you may see some CRV transfers from my wallet to the christian2022.eth address, which are related to this transaction."

ChainCatcher previously reported that Christian, co-founder of the crypto fund NDV and an NFT whale, stated on social media that he has just obtained 30 million CRV from Curve founder Michael Egorov to support the future of Curve Finance and DeFi.