May 12, 2025

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

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SpotOnChain reports a whale linked to Fantom Foundation sold 357,000 CVX, causing a 5% price drop. CVX trades at $3.15, down 9.2% from its recent high. Convex Finance’s total value locked (TVL) slipped to $1.24 billion, down 1.59% from the previous day. Convex Finance’s CVX token plunged 5% early Friday following a massive sell-off by

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Source: Bitcoin World

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