Popular companies that have fallen by more than 20% in the last 24 hours due to liquidation news altcoin Curve DAO (CRV) It started to recover after the announcement.
Making an up-to-date statement regarding liquidation risk CRV founder Michael Egorov He said that he repaid 93% of bad debts by solving the liquidation risk problem.
Sharing on his X account, Egorov said:
“The Curve Finance team and I are working to resolve the liquidation risk issue that occurred today.
Many of you are aware that I liquidated all my loans. The size of my positions was too large for the markets to bear, resulting in 10 million in bad debt. Just lend. Curve. fi (where the position is largest) The CRV market was affected.
I have already paid 93 percent of the debts, and I plan to pay the rest in a very short time. “It will help users avoid being victimized by this situation.”
Post statement CRV The token started to rise.
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, Twitter our account and Youtube Follow our channel now! Moreover Android ve IOS Start live price monitoring now by downloading our applications!
Source: https://www.bitcoinsistemi.com/populer-altcoinde-kurucu-fud-bitti-aciklamasi-yapti-fiyat-hareketlendi/