CRV: Whale Exits 3-Year Stake With $5.97M Loss

CRV whale address 0x824eF4C5c303A94d40795892CA9a4A34dc82222A dumped 37.26 million tokens ten days ago at $0.35 after holding since 2023, locking in a $5.97 million loss from the $0.51 average entry. Three hours ago the same entity transferred 4.01 million PENDLE into OKX and sold at $2.38, adding another $3.64 million loss from the $3.29 cost basis for a combined $9.61 million realized deficit.

Price action on the four-hour chart shows CRV pinned exactly at the EMA50 support of $0.37 while the EMA200 sits at $0.34; the neutral RSI reading of 49.42 leaves room for continuation lower, yet the MACD death cross at 0.01 already signals fading momentum. With price pressing the upper Bollinger Band resistance near $0.40 and the lower band coinciding with the current $0.37 level, any break below the 50-EMA would likely accelerate toward the $0.34 zone before fresh accumulation appears.