Curve DAO (CRV) up 7%, Is Curve Out of the Woods?

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Curve DAO (CRV) up 7%, Is Curve Out of the Woods?
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.CurveFinance printed mild surge as attempt to return to normalcy intensifies

to crypto analytics service provider Lookonchain, is the sale of a total of 72 million CRV tokens to 15 institutions or investors through OTC at a price of $0.4.For these sales, Egorov received the sum of $28.8 million to repay some of the debts he took on since the Curve protocol was exploited. At this time, he currently has 374.18 million CRV in collateral and a total of $79 million in debt on five platforms.

The realization of what might befall the protocol based on this concentration risk is fueling concerns that CRV is technically not out of the woods.

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