Curve founder Michael Egorov recently sold 468,769 CRV tokens for $0.508 each, receiving 238,171 USDC in return. This sale, which occurred about nine hours ago, marks a significant loss for Egorov, as he had previously purchased 1.226 million CRV tokens for an average price of $1.114 each, totaling roughly $1.37 million. With the current sale price, his investment has dropped in value by 54.6%, resulting in a loss of around $745,000.

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