CRV Coin experienced a significant drop of more than 20% as concerns grew over the potential sale of $140 million in tokens. Speculation had been circulating about a possible collapse of CRV following a decline in the overall cryptocurrency market. The founder of Curve, who had used $140 million in CRV as collateral for DeFi debt, managed to address the issue by either paying off the debt or adding more collateral as the token’s price neared the liquidation threshold. Stay updated on the latest technology news by accessing NEWSLINKER.
