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According to Arkham data, on 13.06.2024, CEO Curve Finance Mikhail Egorov's margin positions were liquidated for $20 million on his CRV positions. Token #CRV fell by 50% since the beginning of the week. A total of $140 million in positions were liquidated.
P.S. No one has ever managed to sit out a market drawdown. Any your volume will be absorbed and your positions will be liquidated sooner or later if you trade on borrowed funds. Risk management and stop losses are the basis of margin trading!
Billion-dollar funds are collapsing, naively thinking that they have enough volume and their liquidation will not affect them! #блокчейн crypto #трейдинг investments
#BTC #ETH