CRV Price Plunges to $0.36 as Whales Position for Rebound

Curve (CRV) price action has been turbulent in recent days, with a 4.57% intraday sell-off that has dragged prices back to exactly $0.36, the pivot point.

The momentum indicator MACD is 'completely exhausted' and taker selling is overwhelming buyers by a ratio of 2-to-1.

However, whales are quietly positioning themselves for a potential rebound, with smart money positioned 54.3% long vs. 45.7% short in the derivatives market.

The absence of notable news or conviction calls suggests that the chart levels matter more than usual, and traders tracking DeFi developments through Blockchain.news will recognize that Curve's core value proposition remains intact.