Cointime

Download App
iOS & Android

cVault Finance deployer sold 12,000 ETH 8 hours ago, making $16 million profit

According to the analysis by on-chain analyst Yu Jin, cVault Finance's deploying address obtained 17,040 ETH through the initial allocation of project token CORE in 2020; From April to September 2021, these ETH were sold at a price of $2,718 and exchanged for 46.31 million DAI; In November to December 2022, 20 million DAI was used to buy 16,227 ETH at an average price of $1,232 at the market bottom; 8 hours ago, 12,000 ETH (worth 30.8 million US dollars) were sold at an average price of $2,568, earning a profit of 16 million US dollars.

ETH
Comments

All Comments

Recommended for you

  • BCH breaks through $500

    market shows BCH has surpassed $500, currently trading at $521, with a daily increase of over 20%. The market is volatile, please be prepared for risk control.
  • Bitwise Bitcoin ETF's holdings exceed $4 billion

    Bitwise's official data update shows that as of November 20th, the BITB Bitcoin exchange-traded fund's position has reached 42,451.73 BTC, with a market value exceeding 4 billion USD, currently reaching 4,003,716,971.36 USD.
  • BTC breaks through $98,000

    market shows BTC has broken through $98,000 and is now trading at $98,001, with a 24-hour increase of 5.09%. The market is highly volatile, so please be cautious and control your risks.
  • BTC breaks through $97,000

    the market shows BTC has broken through $97,000 and is currently trading at $97,011 with a 24-hour increase of 5.28%. The market is volatile, please be prepared for risk control.
  • BTC breaks through $95,000

    the market shows BTC has broken through $95,000 and is now trading at $95,049.99, with a 24-hour increase of 3.75%. Market fluctuations are significant, so please be prepared for risk control.
  • BTC breaks through $94,500

    the market shows that BTC has broken through $94,500 and is now trading at $94,504.49, with a 24-hour increase of 2.99%. The market is volatile, so please be prepared for risk control.
  • BTC breaks through $94,000

    the market shows that BTC has broken through $94,000 and is now trading at $94,008.25, with a 24-hour increase of 1.44%. The market is volatile, so please be prepared for risk control.
  • Bhutan now holds 34% of its GDP in Bitcoin

    According to Arkham data, the value of Bitcoin held at the address of the Kingdom of Bhutan has reached 1.1 billion US dollars, accounting for 34% of its GDP.
  • BlackRock's Spot Bitcoin ETF Options Transaction Volume Reaches $1.9 Billion on First Day

     the trading volume of the BlackRock Bitcoin ETF options reached 1.9 billion US dollars on the first day. (Cointelegraph)
  • ETH falls below $2,600

    Golden Finance reported that the market shows ETH has fallen below $2,600 and is currently trading at $2,597.2, with a 24-hour decline of 1.75%. The market is fluctuating greatly, so please be prepared for risk control.