The Fantom Foundation's affiliated wallet sold approximately 357,000 CVX in the past hour
PANews reported on June 28th that Spot On Chain monitoring showed a wallet associated with Fantom Foundation sold 357,108 $CVX in the past hour for 1.15 million USDT, causing the price of $CVX to drop by about 5%.
It's worth noting that this wallet spent $12 million at around $28 per coin to purchase 436,000 $CVX in March 2022 and sold them over the past two years at approximately $3.38 each, resulting in a loss of $10.7 million or an overall loss rate of 87.8%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
"For the first time in history" Annual Guidance Released in Advance! JPMorgan Maintains 'Overweight' Rating for ASM International (ASMIY.US), Earnings Outlook May Continue to Improve
JPMorgan maintains an Overweight rating on ASMI with a target price of 1,174 euros, stating that this is the first time the company has provided guidance for 2027. The outlook is highly visible, and profit expectations may be revised up by a low double-digit percentage.
Deutsche Bank raises Coca-Cola (KO.US) target price to $101: Q3 performance surpasses expectations, Q4 "noise" not a concern
The Deutsche Bank analyst team led by Steve Powers released a report reiterating their "Buy" rating on Coca-Cola (KO.US), raising the target price from $98 to $101, representing an upside potential of approximately 3%.
OpenAI reportedly plans to purchase Google (GOOGL.US) TPU chips, expanding computing power through multiple approaches
According to a source familiar with the matter, OpenAI is considering purchasing artificial intelligence (AI) computing chips from Google, a subsidiary of Alphabet, as part of the ChatGPT developer's broader efforts to build its AI infrastructure.
Crypto prices
More
