The price of Curve [CRV] has dropped by 12% due to significant liquidity outflows amounting to 138 million USD. Despite spot investors attempting to accumulate 13.91 million USD in CRV over four days, purchasing power remains weak.
Curve’s Total Value Locked (TVL) decreased by 100 million USD, indicating a shift in investor focus from long to short positions. Additionally, Open Interest fell by 38.18 million USD, underlining the bearish shift in market sentiment.
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