Fantom Foundation Wallet Sells $CVX, Triggers 5% Price Drop

6/28/2024 8:45:52 AM

According to @spotonchain, a wallet associated with the Fantom Foundation sold 357,108 $CVX for 1.15 million $USDT within the past hour, resulting in a price decline of approximately 5%. This wallet originally purchased 436,000 $CVX for $12 million at around $28 per token in March 2022, but has since sold the tokens over two years at an average price of $3.38, amounting to $1.49 million, indicating a significant loss. (Source)

$USDt Fantom Foundation $CVX

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