CRV Plunges, Potential Massive Liquidation Trigger around $0.4
Bitget2023/08/01 04:33
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
$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."
0
0
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.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
Crypto prices
More
Bitcoin
BTC
$78,257.88
+1.01%
Ethereum
ETH
$2,455.82
+0.88%
Tether USDt
USDT
$1
+0.02%
BNB
BNB
$693.56
+0.60%
XRP
XRP
$1.4
+1.50%
USDC
USDC
$1.0000
+0.00%
Solana
SOL
$105.6
+1.98%
TRON
TRX
$0.3394
-0.56%
Hyperliquid
HYPE
$82.95
+3.70%
Dogecoin
DOGE
$0.08532
+0.73%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now