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TechFlow reports, according to Spot On Chain monitoring, a wallet associated with the Fantom Foundation sold 357,108 CVX in the past hour, receiving 1.15 million USDT, causing the CVX price to drop approximately 5%.
Notably, this wallet purchased 436,000 CVX at around $28 in March 2022, spending $12 million, but over the past two years has gradually sold at approximately $3.38, incurring a loss of up to $10.7 million (-87.8%).
According to Spot On Chain monitoring, a wallet associated with the Fantom Foundation sold 357,108 CVX in the past hour, receiving 1.15 million USDT, causing the CVX price to drop approximately 5%. Notably, this wallet purchased 436,000 CVX at around $28 per token in March 2022, spending $12 million, but has since been selling gradually at an average price of about $3.38 over the past two years, incurring a loss of up to $10.7 million (-87.8%).
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