The main liquidation address of the CRV lending position of Curve founder liquidated 29.62 million CRV in the past hour

Odaily Odaily News According to the monitoring of on-chain analyst @ai_9684xtpa, the CRV loan position of the founder of Curve has triggered liquidation, and the address 0xF07...0f19E is one of the main liquidators. In the past hour, he liquidated 29.62 million CRV at an average price of $0.2549, spending a total of 7.55 million FRAX. At present, all of these tokens have been recharged to Binance. His average recharge price is $0.2792, and if sold at this price, he will make a profit of $720,000. As a liquidator, a more economical way may be to open a CRV short order (or borrow coins to sell) on Binance before liquidation, so that the tokens obtained from liquidation are only used to close the short (or repay) without having to bear the profit and loss caused by the price fluctuations during the period. Therefore, the $720,000 profit mentioned above is only for reference, and the actual amount may be more.