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Whale 0xc7c "convexcuck.eth" sold 400,000 CVX for 812,321 USDC at an average price of $2.031 in the past 3 hours:

 

Notably, this marked the whale's largest selling wave in its ongoing second CVX trade since November 8, 2024.

 

Currently, the whale still holds 1.52M CVX ($3.09M), with 710K CVX ($1.44M) locked in Convex until March 13, 2025. The estimated total loss from this second trade stands at $448K (-9.85%).

 

However, this whale once made a $20.21M profit (+130%) by trading 1.098M CVX in the first trade between July 2021 and March 2022.

 

Fig 1. The ongoing second CVX trade of Whale 0xc7c "convexcuck.eth".

#convex
#cvx
#convexcuck.eth
#sell
#dump
#price drop
#loss

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