CRV Plunges, Potential Massive Liquidation Trigger around $0.4
$CRV code crash sparks a continuous decline, with a more than 20% drop in the last 24 hours, currently trading at $0.5.
Based on the estimated liquidation threshold of major DeFi platforms, a significant liquidation pressure may arise for CRV if it approaches $0.4. At present, on various CEX platforms, the $CRV contract fee rate has exceeded -0.3%, indicating the possibility of intense price fluctuations."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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