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Traders Pile Into CRV Shorts Amid Concerns Over Curve Founder's Collateralized Borrowing

Traders pile into short positions in the perpetual futures market as potential liquidation of founder's crypto borrowing may destabilise the broader decentralized finance ecosystem.

CRV hit 8-month lows of below $0.50. (CoinDesk/Highcharts.com)
CRV hit 8-month lows of below $0.50. (CoinDesk/Highcharts.com)