Yearn.finance (YFI) is About to Pass a Pivotal Bull Level: Analyst

Yearn.finance’s native token, YFI, has been on a tear over the past few weeks. Ever since bottoming in October, the cryptocurrency has been in a steep ascent marked by strong fundamental and on-chain trends. First and foremost, the cryptocurrency is being accumulated by top funds in the crypto-asset space. Polychain Capital, for instance, owns nearly 2% of the total supply of the Ethereum-based token. Three Arrows Capital, too, is believed to own a large amount of the cryptocurrency. Holding YFI gives its holders the opportunity to capture some of the…