Curve DAO drops 13% – But limited liquidation clusters suggest a rebound

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Curve DAO fell 13% on September 16, with on-chain volume surging to $167.9 million, indicating increased selling activity. Long liquidations reached $885,550 compared to just $71,550 for short liquidations, a ten-fold disparity favoring sellers. The Funding Rate dropped from 0.0097% on September 15 to -0.0046%, reflecting sustained bearish pressure. Despite this selling pressure, limited liquidation clusters below the current price could support a rebound.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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