CRV’s Price Plummets as Its Daily Volume Experiences a Sharp Drop
Kaiko revealed in a Twitter post yesterday that the daily volume for CRV has plummeted over the past 2 weeks. According to the post, the altcoin’s volume has dropped from $300 million to just $7 million. Meanwhile, a significant bearish technical flag was on the verge of being triggered on CRV’s daily chart. The on-chain intelligence platform Kaiko revealed in a post on X (Twitter) yesterday that the collective volume for Curve DAO (CRV) plummeted over the past 2 weeks. According to the post, CRV’s volume dropped from its latest daily high of $300 million to just $7 million on 7 September 2023. Furthermore, the majority of this volume took place on centralized exchanges, noted Kaiko. #CRV volume has fallen from a recent daily high of $300mn to just $7mn on September 7, nearly all of which took place on centralized exchanges. pic.twitter.com/ZIcMpwcZ9O — Kaiko (@KaikoData) September 12, 2023 Meanwhile, from a technical perspective, CRV’s price broke belo