Curve’s Egorov Executes First Major 1.2M CRV Buyback Since June Liquidation
Curve’s founder, Michael Egorov, recently made headlines with a significant buyback of 1.08 million CRV tokens, worth $1.2 million, as reported by Spot On Chain’s data. This marks Egorov’s first substantial repurchase since June’s liquidation event. The timing of this move suggests a strategic re-engagement with the market, as Egorov takes steps to reinforce confidence in Curve’s governance and ecosystem. This buyback has implications for both CRV’s price and overall market sentiment, as stakeholders analyze the motivations behind such significant market actions at this critical juncture.
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