Curve DAO Token Faces Market Pressure After Latest Liquidation

Quick Summary:

Curve DAO Token (CRV) faces significant market pressure following a recent liquidation event.

According to PeckShieldAlert data, an address labeled Michael Egorov was liquidated for 918.83K CRV, valued at $882.66K.

However, this liquidation is unusual because the CRVs backing the position were stolen during the uwu hack in June.

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Article Details

Author / Journalist: Maxwell Mutuma

Category: Crypto

Markets: India

Topics: News Market Market News Curve DAO Token (CRV) Cryptocurrency Price Analysis

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-19 @ 13:30:00 (11 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 140 words

Reading Time: 1 minutes read

Sentences: 58 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 24550694

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About Coinedition

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 18 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

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Publisher ID: #124

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