Curve Founder Sells Large Amount of Own Tokens Over Two Weeks... Worth $1.62 Million
JOON HYOUNG LEE
Summary
- Michael Egorov, the founder of Curve, reportedly sold his own tokens worth $1.6 million recently.
- SpotOnChain stated that Egorov has been consistently selling at an average price of $0.527.
- Egorov's selling activity is notable for occurring at the short-term peak of Curve tokens.
Michael Egorov, the founder of Curve (CRV), has reportedly sold his own tokens worth $1.6 million recently.
On-chain analysis platform SpotOnChain stated on the 8th via X, "Egorov has resumed selling," and "(today) he disposed of Curve worth $108,000."
SpotOnChain analyzed, "Since the 24th of last month, Egorov has sold Curve worth $1.62 million at an average price of $0.527," adding that "he seems to have been consistently selling near short-term peaks."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
