CRV Plummets 9% – Here’s How Long-Term Hodlers Can Still Win
Curve DAO’s token takes a hit—but panic-selling isn’t the only option. Smart money’s already positioning for the rebound.
Buy the dip or get rekt? While weak hands flee, veterans see blood in the water as CRV slides 9%. DeFi’s not dead—it’s just shaking out the tourists.
Pro tip: The same whales dumping today will be front-running the pump tomorrow. Welcome to crypto, where the house always wins… unless you’re the house.
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 interest among participants is spot market accumulation.
In the past 48 hours, some participants purchased $3.32 million worth of CRV and moved the assets into private wallets for long-term holding.
This behavior mirrors that of an investor who recently deposited $100 million worth of CRV into Curve DAO. These long-term moves are important because they reduce the amount of CRV circulating on exchanges.
Recovery may be within reach for CRV
The current liquidation heat map offers insight into CRV’s potential for an upward rally, as it shows liquidity clusters above the current price.
Liquidity clusters represent levels where unfilled orders lie and often act as magnets, drawing the price toward them.
Source: CoinGlass
These clusters stretch up to $0.75, adding to the strong possibility of the price moving in that direction.
Notably, the heat map also shows that a slight dip is possible, though not guaranteed, as the area below is only partially shaded in green, indicating limited liquidity at that level.
Overall, despite current market turmoil, CRV displays strong potential for a price recovery.
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