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Data: Curve founder has sold a total of $62.96 million worth of CRV through OTC.

According to on-chain analyst Yu Jin, on August 11th, Curve founder Michael Egorov sold 13.75 million CRV tokens to two institutions. Specifically, 12.5 million CRV tokens were sold to Binance Labs and 1.25 million CRV tokens were sold to Accumulated Finance. Since August 1st, Egorov has sold a total of 157.4 million CRV tokens to 33 investors/institutions, generating $62.96 million in funds through OTC sales.

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Timeline | Curve founder sells CRV through OTC to repay loans, where does the CRV flow to institutions?

Curve founder sells CRV through OTC to avoid liquidation, with the primary goal of repaying debt.

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