Curve’s (CRV) price hits a 1-year low amid looming liquidation threat
A risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a one-year low, but there is a chance for a powerful short squeeze.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A risky loan in AAVE and the resulting liquidation threat for CRV have pushed the governance token to a one-year low, but there is a chance for a powerful short squeeze.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin hits $80,000, triggering $415M in liquidations
Bitcoin's surge highlights the volatility and risks of leveraged trading, as rapid price shifts can trigger cascading liquidations...
Dialectic Launches SpaceX Yield Vault Using Aave Loans on Base
Starloop borrows USDC against tokenized shares, adding liquidation risk to a strategy operating within Aave’s 37,000-token collate...
Aave Freezes New tBTC Supply and Borrowing After Mint-and-Redeem Pause
TL;DR: Aave contributors said the protocol had frozen additional tBTC supply and borrowing in its Ethereum Core market after Thres...
Aave and Lido lose $1.7B in massive DeFi capital drop after the Binance hack
Stablecoin contraction was evident before the breach, while Aave's temporary freeze showed how collateralized loans can coexist wi...
Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks
Bitcoin Magazine Strategy’s STRC Hits $100 Par for First Time Since May After Over $2 Billion in Buybacks Strategy’s Stretch prefe...
Eric Trump warns Bitcoin’s low transfer fees threaten financial institutions
Bitcoin's low transfer fees could disrupt traditional banking models, challenging their fee-based revenue streams and operational...