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Token CVX

Mar 11, 09:20

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convexcuck.eth sold another 200,000 CVX ($339K) at loss

Outflow

Total tokens transferred

Token CVX

200K

CVX

Token USDC

339.453K

USDC

Whale 0xc7c "convexcuck.eth" just sold another 200,000 CVX for 339,453 USDC at an average price of $1.697:

 

Overall, this whale has dumped 900,000 CVX for 1.745M USDC at an average price of $1.939 in the past 2 days, often causing the price to drop abruptly (more details here).

 

Currently, the whale still has 311,972 CVX ($545) available for sale in its wallet and another 709,961 CVX ($1.24M) locked in Convex until March 13, 2025. The estimated total loss from this second trade rises to $832K (-18.3%).

 

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.

 

The CVX price dropped 16.98% in the past 24 hours.

 

Fig 1. Whale 0xc7c "convexcuck.eth" sold 900,000 CVX ($1.75M) over the past 2 days.

 

Fig 2. The ongoing second trade of Whale 0xc7c "convexcuck.eth".

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

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