Curve DAO falls 9%, but long-term investors can save CRV – How?
The post Curve DAO falls 9%, but long-term investors can save CRV – How? appeared on BitcoinEthereumNews.com.
CRV recorded a steep drop in the past day, driven primarily by decentralized exchange (DEX) spot traders and futures activity. $3.32 million in CRV moved into private wallets, echoing previous whale accumulation patterns. In the past 24 hours, Curve DAO [CRV] has remained on the bearish end of the market, with a 9.43% decline, extending its month-long losing streak to 11.3%. Despite this drop, some market cohorts are resisting the fall, betting on long-term price movement. DEX spot traders are betting on a decline Market analysis over the past 24 hours revealed that most sellers are DEX spot and futures traders. With that in mind, DEX spot traders have become more active as the price continues to plummet. Roughly 300 traders paid a combined $26,000 in fees to exit or short their positions on Curve, according to Artemis. Source: Artemis This selling pressure is also reflected in the derivatives market, where this group has started placing short bets. CRV’s OI-Weighted Funding Rate flipped negative, indicating shorts dominated. This metric blends Open Interest and Funding Rates to reveal which side holds leverage, and the tilt now favors bears. Source: CoinGlass If this metric fully crosses into negative territory, it will confirm that this group of futures traders is increasingly bearish, potentially intensifying the selling pressure. Long-term traders keep the price intact There’s a twist—AMBCrypto’s analysis suggests the price drop could have been worse if some cohorts weren’t accumulating and locking their assets for the long term. Market data shows a significant liquidity inflow into Curve DAO. At press time, Total Value Locked (TVL) surged by over $100 million, rising from $1.6 billion to $1.7 billion. Source: Artemis This substantial increase suggests that investors are depositing more CRV into the protocol and locking it for a long-term outlook. Another signal of heightened…
Filed under: News - @ June 12, 2025 8:26 pm