As of June 12, 2025, CRV has decreased by 9.43%, extending its month-long decline to 11.3%. This downturn is primarily driven by selling pressure from decentralized exchange (DEX) traders.
Around 300 traders have incurred fees of approximately 26,000 USD to exit short positions, indicating bearish sentiment. Despite this, significant liquidity inflows have bolstered Curve’s Total Value Locked to 1.7 billion USD.
The liquidation heat map suggests potential upward movement, showing liquidity clusters above the current price, enhancing the likelihood of a price rally for CRV.
Leave a Reply