[Curve Founder Liquidation Triggers CRV Plunge, Whales Buy the Dip and Take Profit] In June 2024, Curve founder Michael Egorov's CRV loan position was liquidated on-chain, causing CRV to drop from $0.46 to $0.24 (-48%). At the time, many whales/institutions sold off, but some whales bought the dip. For example, address 0x5dC6: they scooped up 20.86 million CRV at $0.32 each and held onto it as the price climbed to $1.2 by the end of the year without selling. However, just an hour ago, they decided to take profit: transferring all 20.86 million CRV ($7.33M) to OKX at $0.35 each, netting only $530K in profit. https://(arkm.com)/explorer/address/0x5dC61282CdCf58a27f7a5C9612AEA3d2330964bE