Curve founder transferred 23.26 million CRV tokens to Silo and borrowed crvUSD.
According to Lookonchain monitoring on September 25th, Michael Egorov, the founder of Curve, transferred 23.26 million CRV tokens (worth approximately $12.3 million) to Silo and borrowed 3.75 million crvUSD tokens in the past hour. This action caused the CRV TVL on Silo Llama to reach a historic high of $60 million. Egorov then exchanged some of the crvUSD tokens for USDT and repaid his debt on Aave.