Convex Finance’s CVX Token Plunges After Major Sell-Off by Fantom Whale

SpotOnChain reports a whale linked to Fantom Foundation sold 357,000 CVX, causing a 5% price drop. Convex Finance’s CVX token plunged 5% early Friday following a massive sell-off by a wallet linked to the Fantom Foundation, according to on-chain data from SpotOnChain. The transaction, which involved over 357,000 CVX tokens worth $1.15 million, triggered a […] source: https://coinedition.com/convex-finances-cvx-token-plunges-after-major-sell-off-by-fantom-whale/