Jensen Huang's endorsement boosts CRWV by nearly 8%, behind the 70% plunge in on-chain holdings may lie a significant catalyst.

BlockBeats news, October 16 — After Jensen Huang publicly backed CoreWeave, CRWV contracts rebounded nearly 8%, while on-chain OI plummeted over 71%. Further tracking revealed that one of the key drivers behind this dramatic shift in positioning may be a whale who previously profited over $29 million on NEAR. This account not only significantly adjusted its U.S. equity-relat