The founder of Curve is suspected of selling CRV over the counter to exceed relevant restrictions, causing fluctuations in the CRV market
On June 30th, according to X platform user @maid_crypto, some on-chain analysts pointed out that it is suspected that @Christianeth address 0xc75.... 7fb bought 400,000 USDT worth of CRV from Curve founder Michael Egorov at a street price of 0.107 USDT on June 21st, and sold it all at a unit price of 0.333 USDT the next day, triggering a 5% drop in the CRV market. And on June 28th, it again obtained the same amount of CRV from Curve founder.