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Traders Are Shorting Curves CRV Token Amid Fears of Founder's Potential Liquidation



Curve's CRV token is facing a decline as traders take short positions due to the potential liquidation of the founders borrowed position. The token fell to its lowest point since November 22, and the open interest in perpetual futures tied to CRV has doubled. Traders are betting on a price decline, fearing that the liquidation of the founders borrowing positions may destabilize Curve and the wider crypto market.
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