According to NANSEN, the data recorded over the last 90 days indicates that the Curve DAO token ($CRV ) is witnessing accumulation movements from major investors.
📈 The data shows that whales have nearly doubled their holdings by +94.5% to reach 7.31 million CRV during May and June compared to the first quarter of this year, indicating a state of accumulation despite price fluctuations and declines.
📌 Additionally, the balances of the top 100 addresses increased by +4.24% over the last 90 days to reach 1.9 billion CRV, at a time when the price is declining to below $0.55.
📉 These indicators may be a sign that large wallets are taking advantage of the price drop for accumulation, which could be a positive signal in the medium term.
⚠️Disclaimer: Not investment or financial advice, do your own research