Data: The Fantom Foundation affiliated wallet sold approximately 357,000 CVX in the past hour, amounting to about 1.15 million USD

ChainCatcher news, according to Spot On Chain monitoring, a wallet associated with the Fantom Foundation sold 357,108 CVX in the past hour for 1.15 million USDT, causing the CVX price to drop by about 5%.

It is reported that the wallet spent 12 million dollars in March 2022 to purchase 436,000 CVX at an average price of about 28 dollars, and then sold these tokens over the past 2 years for only about 3.38 dollars (1.49 million dollars). This resulted in a loss of 10.7 million dollars (-87.8%).