Los datos de Spot On Chain revelaron que el fundador de Curve, Michael Egorov, realizó una gran recompra de 1,08 millones de CRV hace poco más de cinco horas. Compró los tokens CRV a 1,114 dólares cada uno por 1,2 millones de dólares, lo que marcó su primera recompra importante desde la liquidación de junio.
El precio de CRV cayó ~7,8% en las últimas 24 horas, pero la compra a gran escala de Egorov mostró la confianza del fundador de Curve en el desarrollo futuro del proyecto. La enorme recompra también podría influir en el sentimiento de los inversores y la dinámica del mercado, provocando la recuperación del token.
El fundador de #Curvefi , Michael Egorov ( @newmichwill ), compró 1,08 millones de dólares CRV (1,2 millones de dólares) a un precio medio de 1,114 dólares en las últimas 3 horas.
En particular, esto marca su primera recompra significativa de $CRV desde la liquidación del 13 de junio.
El precio de $CRV ha caído ~7,8% en las últimas 24 horas... pic.twitter.com/SIRquKcZWM
- Spot On Chain (@spotonchain) 17 de diciembre de 2024
Curve Finance CEO surprised the crypto industry after spending $1.2M worth of DAI, WETH, and WBTC to buy back 1.08M CRV at an average price of $1.114. The repurchase, which happened nearly five hours ago, came amid CRV’s ~7.8% 24-hour decline.
The transaction by Egorov marked his first significant CRV token buyback since he was liquidated for $140 million in CRV on June 13th. He had suffered a huge CRV liquidation after borrowing stablecoins worth $95.7 million against his CRV assets.
Egorov’s CRV acquisition revealed his strategy to strengthen his holdings in the DeFi sector even though the price of CRV had dropped recently. The transaction monitored by Spot On Chain highlighted the CRV market’s current activity and interest. The news was important for the DeFi community because it confirmed that a major player in the CRV project still believed in its future success. Egorov’s actions could likely influence CRV investor perceptions.
The Curve founder’s buyback also emphasized the fast-changing nature of the crypto market. It showed that opportunities for quick strategic investments occurred when prices fluctuated rapidly.
Curve’s weekly yield and ecosystem metric updates as of December 17th showed positive growth. The week-on-week TVL increased by more than 7% to approximately $2.437 billion. The ecosystem also offered various ways to profit, with the annual percentage rate of USD-pegged stablecoins exceeding 50%. According to the December 13th metric updates, one pool surpassed 100% APR.
scrvUSD’s introduction continued to strengthen crvUSD’s market position. The week’s metrics as of December 13th demonstrated its impact, as crvUSD expanded 1.85% (~$ $78.22M). Borrowing costs also decreased as the peg moved closer to the $1 mark (~$0.9984). Stable growth with improving fundamentals was not achievable before the implementation of scrvUSD.
The scrvUSD yield grew by 1.65% to an APY of 13.09%. Pool statistics also showed that the pool TVL surged 8.41% to $2.18 billion, the volume went up 13.85% to $2.63 billion, transactions increased by 4.55% to 392.4K, and total fees climbed 5.34% to $756.3K. The DAO fees similarly shot up 5.34% to $378.1K.
Notable pool activity was observed on two Ethereum pools. The highest-volume pool consisted of DAI, USDC, and USDT, recording a volume of $798.6 million with a TVL of $165.7 million. The second pool consisted of ETH and stETH, with a volume of $234 million and a TVL of $195.9 million. Curve’s ecosystem continued to expand rapidly, welcoming new pools and teams weekly.
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