Curve DAO Plummets 13%, But Here’s Why Smart Investors Are Eyeing a Massive Bounce Back—Don’t Miss This Opportunity!

Curve DAO Plummets 13%, But Here’s Why Smart Investors Are Eyeing a Massive Bounce Back—Don’t Miss This Opportunity!

Ever notice how sometimes the market feels like a packed auction where everyone’s screaming “SELL!” at once? That’s exactly the vibe Curve DAO [CRV] is giving off right now, with bears practically throwing the asset overboard. As of early September 16, CRV has taken a nosedive, dropping 13%, while ironically, the on-chain activity is lighting up like a Christmas tree—active addresses shooting up near 5,868 and transactions booming to over 45,500. It’s like seeing a bustling marketplace where every stall suddenly has a “Going Out of Business” sign. And get this—the on-chain volume hit a hefty $167.9 million, marking the second-highest spike since early September. You’d think high volume means bullish energy, right? But nope, this surge comes hand in hand with a price decline, suggesting traders aren’t just chatting—they’re racing for the exit. What’s really winding the gears behind this sell-off, and can CRV’s sellers keep up this pace without running out of steam? Let’s dive into what the numbers and patterns reveal — and what they might mean for your next move. LEARN MORE

Curve DAO [CRV] has been dominated by bears in the market, who are selling the asset. CRV is down 13% as of early 16 September as the sell-off intensifies.

Interestingly, the sell-off coincides with a spike in on-chain activity, with active addresses and transactions surging simultaneously.

DeFiLlama data shows that active addresses reached roughly 5,868, while transactions grew to 45,536 at the same time. The expansion also saw on-chain volume hit a high of $167.9 million at the time of writing, marking the second-highest level it has reached since the 3rd of September.

CRV volume, transcation, and active addresses stat.
Source: DeFiLlama

Notably, the surge in volume while prices declined isn’t a good sign for an asset sustaining its upward level. In fact, the spike in volume suggests that traders are selling more aggressively in the market.

Off-chain data shows strong bearish pressure

The activity on-chain wasn’t explicit compared to what’s happening off-chain, which confirms that there’s a bet against a rally.

The most important keynote here is the disparity between the short and long liquidation capital in the past 24 hours.

According to data from CoinGlass, long liquidations (the buy side) reached $885,550 compared to short liquidations (the sell side), which stood at roughly $71,550, a ten-times liquidation disparity.

CRV liquidation chart.
Source: CoinGlass

When the gap is this wide, it often hints that the sellers in the market are likely to hold more profit than traders betting long, adding to the overall downside pressure CRV has seen.

In addition to this, the Funding Rate data, which weighs the capital in the perpetual market relative to long and short positions, shows a heavy skew in favor of shorts over the past 24 hours in the market.

At the time of writing, the Funding Rate had declined from 0.0097% on September 15 to -0.0046% as the selling pressure continues to build and weigh on price.

CRV sellers could face exhaustion

Sellers could face exhaustion, especially when considering the liquidation heatmap.

The heatmap identifies clusters of unfilled buy and sell orders on the chart, which can pull price toward them. At the moment, few orders sit below the current price, limiting the downside pull on CRV.

Bybit CRV liquidation chart.
Source: CoinGlass

With limited clusters below price compared to above price, there’s a high tendency that price is likely to eventually rebound, especially once conditions across the market align to be more bullish.


Final Summary

  • CRV fell 13% as on-chain volume surged to $167.9 million, suggesting increased selling activity amid the price decline.

  • Negative Funding Rate and $885,000 in long liquidations show heavy downside pressure, but limited liquidation clusters below price could support a rebound.

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