Curve DAO (CRV) has slightly declined on Wednesday after posting a 3% gain in the previous session. While the coin has slightly retraced, it has added 6% to its value in the last seven days, supported by improving on-chain metrics and declining selling pressure, all of which point to strengthening investor confidence. Exchange supply falls as whales increase holdings On-chain data suggests selling pressure is beginning to ease. According to Santiment, the percentage of CRV tokens held on cryptocurrency exchanges has declined to 11.87% of the circulating supply, down from 12.34% recorded on June 17. Lower exchange balances are generally viewed as a bullish signal because they indicate fewer tokens are readily available for sale.
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