CVX Whale Returns to Net $595k Profit Amid 61% Price Surge

The post CVX Whale Returns to Net $595k Profit Amid 61% Price Surge appeared first on Coinpedia Fintech News

Recently, the whale “convexcuck.eth” has spent $2M to buy 709,961 CVX tokens, slightly before the market price of CVX shot up by 61%. Furthermore, between July 2021 and March 2022, the whale had a history of trading CVX for a profit of $20.2M. This registered a gain of 129% for its first trade. After nearly 18 months of inactivity, the CVX whale has returned and spent $4.37M to buy 1.9M CVX tokens at an average price of $2.30. Currently, it is holding $595k in unrealized profit with a 13.6% gain.