Analysis: CVX's 40% Surge Driven by Bots, Two Addresses in Top 100 Holdings Have Reduced Positions

Odaily News DeFi analyst @lordjorx posted on X platform, stating that the 40% price increase of CVX is not a trend reversal but was driven by continuous buying from bots associated with two specific wallet addresses. On-chain data shows that these two addresses conduct hundreds of interactions daily without interruption. During the price surge, two addresses among the top 100 CVX holders utilized this artificial pump to reduce their total holdings by 25% and 34%, respectively. Currently, the bot addresses that triggered the rise have either emptied their wallets or transferred funds.