PANews reported on November 20 that Spot On Chain monitoring showed that the giant whale "convexcuck.eth" spent US$2 million to buy 709,961 CVX on CVX (Convex Finance) 11 hours ago, and then the price of CVX soared to 61% that day.
Looking back at the trading history, the whale traded 1,098,000 CVX between July 2021 and March 2022, making a profit of $20.2 million, with a yield of 129%. After a year and eight months of silence, the whale returned to the CVX market on November 8, and has invested $4.37 million so far, buying 1,900,000 CVX at an average price of $2.297, with a current floating profit of $595,000 (+13.6%).
