Whale “convexcuck.eth” Makes Bold $CVX Move, Nets Significant Profit Amid Price Surge

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The crypto whale known as “convexcuck.eth” has made waves in the DeFi world, spending $2 million to acquire 709,961 $CVX tokens just 11 hours before the token’s price skyrocketed by 61%. This strategic move marks the whale’s return to Convex Finance after a hiatus of over a year. Between July 2021 and March 2022, the whale actively traded $CVX, earning a massive $20.2 million profit with a 129% return on a 1.098 million $CVX trade. After 1.67 years of inactivity, “convexcuck.eth” resumed $CVX trading on November 8, purchasing 1.9 million tokens for $4.37 million at an average price of $2.297

The post Whale “convexcuck.eth” Makes Bold $CVX Move, Nets Significant Profit Amid Price Surge appeared first on The Merkle News.

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