Michael Egorov – founder of the decentralized finance protocol Curve (CRV) – once again neared liquidation on his massive DeFi loan as the crypto market collectively plummeted over the weekend. Bitcoin’s price has declined by 10% since Saturday, but altcoins like CRV were hit even harder, declining 30% from $0.58 to $0.43 over that same time. At its Saturday low, the token fell to just $0.38 – inches away from Egorov’s $0.37 liquidation point. “The lending health rate of multiple positions has dropped to around 1.1 (if the CRV price continues to drop by 10% and there is no margin call or repayment, liquidation will begin),” wrote EmberCN to Twitter on Saturday, translated from Chinese.
LIVE
Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,312.00
▼ -0.60%
ETH
$1,902.53
▼ -0.30%
USDT
$0.999225
▲ +0.00%
BNB
$586.34
▼ -1.40%
USDC
$0.999618
▲ +0.00%
XRP
$1.03
▼ -2.60%
SOL
$72.88
▼ -1.40%
TRX
$0.326778
▲ +0.00%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.55
▼ -1.80%
DOGE
$0.069239
▼ -0.90%
USDS
$0.999976
▲ +0.00%
RAIN
$0.012534
▼ -0.20%
LEO
$9.73
▲ +0.00%
ZEC
$502.91
▼ -1.80%
ADA
$0.202525
▲ +7.20%
XMR
$370.62
▲ +1.80%
WBT
$55.72
▼ -0.60%
LINK
$8.18
▼ -0.40%
XLM
$0.161287
▼ -0.80%
DAI
$0.999798
▲ +0.00%
BCH
$214.96
▼ -0.30%
USD1
$0.99959
▲ +0.00%
USDE
$0.99956
▲ +0.00%
GRAM
$1.34
▼ -4.20%
Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,312.00
▼ -0.60%
ETH
$1,902.53
▼ -0.30%
USDT
$0.999225
▲ +0.00%
BNB
$586.34
▼ -1.40%
USDC
$0.999618
▲ +0.00%
XRP
$1.03
▼ -2.60%
SOL
$72.88
▼ -1.40%
TRX
$0.326778
▲ +0.00%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.55
▼ -1.80%
DOGE
$0.069239
▼ -0.90%
USDS
$0.999976
▲ +0.00%
RAIN
$0.012534
▼ -0.20%
LEO
$9.73
▲ +0.00%
ZEC
$502.91
▼ -1.80%
ADA
$0.202525
▲ +7.20%
XMR
$370.62
▲ +1.80%
WBT
$55.72
▼ -0.60%
LINK
$8.18
▼ -0.40%
XLM
$0.161287
▼ -0.80%
DAI
$0.999798
▲ +0.00%
BCH
$214.96
▼ -0.30%
USD1
$0.99959
▲ +0.00%
USDE
$0.99956
▲ +0.00%
GRAM
$1.34
▼ -4.20%
BTC
$64,312.00
▼ -0.60%
ETH
$1,902.53
▼ -0.30%
USDT
$0.999225
▲ +0.00%
BNB
$586.34
▼ -1.40%
USDC
$0.999618
▲ +0.00%
XRP
$1.03
▼ -2.60%
SOL
$72.88
▼ -1.40%
TRX
$0.326778
▲ +0.00%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.55
▼ -1.80%
DOGE
$0.069239
▼ -0.90%
USDS
$0.999976
▲ +0.00%
RAIN
$0.012534
▼ -0.20%
LEO
$9.73
▲ +0.00%
ZEC
$502.91
▼ -1.80%
ADA
$0.202525
▲ +7.20%
XMR
$370.62
▲ +1.80%
WBT
$55.72
▼ -0.60%
LINK
$8.18
▼ -0.40%
XLM
$0.161287
▼ -0.80%
DAI
$0.999798
▲ +0.00%
BCH
$214.96
▼ -0.30%
USD1
$0.99959
▲ +0.00%
USDE
$0.99956
▲ +0.00%
GRAM
$1.34
▼ -4.20%
Mkt Cap $2.28T
BTC Dom 56.65 %
BTC
$64,312.00
▼ -0.60%
ETH
$1,902.53
▼ -0.30%
USDT
$0.999225
▲ +0.00%
BNB
$586.34
▼ -1.40%
USDC
$0.999618
▲ +0.00%
XRP
$1.03
▼ -2.60%
SOL
$72.88
▼ -1.40%
TRX
$0.326778
▲ +0.00%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.55
▼ -1.80%
DOGE
$0.069239
▼ -0.90%
USDS
$0.999976
▲ +0.00%
RAIN
$0.012534
▼ -0.20%
LEO
$9.73
▲ +0.00%
ZEC
$502.91
▼ -1.80%
ADA
$0.202525
▲ +7.20%
XMR
$370.62
▲ +1.80%
WBT
$55.72
▼ -0.60%
LINK
$8.18
▼ -0.40%
XLM
$0.161287
▼ -0.80%
DAI
$0.999798
▲ +0.00%
BCH
$214.96
▼ -0.30%
USD1
$0.99959
▲ +0.00%
USDE
$0.99956
▲ +0.00%
GRAM
$1.34
▼ -4.20%
