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Why Curve Finance (CRV) Price Is Up 10% Despite Founder Dumping Heavily?

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Despite the broader crypto market correction, Curve Finance’s Curve DAO Token ($CRV) is up 10% with a strong 27% pump in daily trading volumes. This happens despite the fact that Michael Egorov has offloaded nearly $2 million in $CRV tokens over the past two weeks. This is because the leading decentralized finance (DeFi) protocol witnessed a record Q1, with $35 billion in trading activity, despite a sluggish market.