CVX – DIGIT INFO

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

DIGIT — Fri, 22 Nov 2024 03:29:13 +0000

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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Fantom Foundation Wallet Records Significant Loss On CVX Sale, Impacting Token Price

DIGIT — Fri, 28 Jun 2024 17:38:56 +0000

In a recent transaction, a wallet linked to the Fantom Foundation, identified as 0xa51, sold 357,108 CVX tokens for 1.15 million USDT at an average price of $3.22. This significant move in the market has brought to light the foundation’s substantial financial loss over the past two years. Back in March 2022, the wallet invested $12 million to acquire 436,000 CVX tokens at an average price of $28 each. However, over the ensuing two years, these tokens were sold at an average price of only $3.38, yielding a total of $1.49 million. This translates to a staggering loss of $10.7

The post Fantom Foundation Wallet Records Significant Loss On CVX Sale, Impacting Token Price appeared first on The Merkle News.

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2023’s Crypto Gainers: Decentraland’s MANA Token Outperforms Bitcoin With 88% Increase in One Week

DIGIT — Tue, 17 Jan 2023 15:00:15 +0000

The cryptocurrency economy is doing well during the third week of the new year, compared to the end of 2022. It is currently valued at $993.17 billion, as many digital assets have seen double-digit gains during the last two weeks. While some of the top ten cryptocurrencies, like bitcoin and ethereum, are performing well, a […]

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Biggest Movers: CVX Nearly 14% Higher, as RUNE Extends Friday’s Gains

DIGIT — Sat, 26 Mar 2022 12:32:34 +0000

CVX was trading nearly 14% higher to start the weekend, as RUNE extended yesterday’s gains, climbing by over 13% on Saturday. CVX is now up by nearly 35% this week, rising to multi-week highs in the process. Thorchain (RUNE) RUNE was one of the biggest gainers in crypto markets for a second consecutive session, as […]

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Biggest Movers: DASH, CVX and ALGO Lead Monday’s Gainers, APE Falls Further

DIGIT — Mon, 21 Mar 2022 18:05:44 +0000

CVX was the biggest crypto gainer to start the week, as both DASH and ALGO also climbed higher. Despite ALGO rising to its highest level in over three weeks, gains in DASH and CVX were more noticeable. This came as APE once again traded in the red. Convex Finance (CVX) Convex finance (CVX) was Monday’s […]

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Defi Index CVX Measures Crypto ‘Market Fear’ and Implied Volatility

DIGIT — Tue, 03 Nov 2020 05:15:12 +0000

The decentralized finance (defi) platform cvx.finance has launched the beta version of its “Crypto Volatility Index”, otherwise known as the “CVX.” The CVX is an index similar to the “Market Fear Index” (VIX) commonly used in traditional finance, but cvx.finance measures the suggestive volatility from bitcoin and ethereum options markets. It’s still early but a […]

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