Curve CRV Jumps 2.39% as Whales Scoop Up 13.3M Tokens - Technical Breakout Eyes $1.15 Target

Curve DAO Token (CRV) surged 2.39% to $0.80 as major investors accumulated 13.3 million tokens in strategic positioning moves. This buying activity marks a significant shift from previous selling pressure, establishing strong support above $0.75.

Technical indicators are flashing bullish signals with CRV completing a wedge breakout pattern accompanied by MACD divergence. Market analysts interpret this price action as institutional confidence in Curve's DeFi infrastructure role, projecting year-end targets between $1.15-$1.37.

The whale accumulation coincides with broader momentum shifts across decentralized finance tokens, though CRV's 6% weekly gain notably outperforms sector benchmarks. On-chain data reveals concentrated buying during price tests of key support levels, indicating sophisticated entry strategies by large holders.