Analysis: CVX Surges 40% Driven by Bots, Two Top 100 Holders Have Reduced Positions

Odaily 讯 DeFi analyst @lordjorx posted on platform X, stating that the 40% increase in CVX's price is not a trend reversal but was driven by continuous buying from bots associated with two specific wallet addresses. On-chain data shows these two addresses conducted hundreds of interactions daily without interruption. During the price rise, two addresses among the top 100 CVX holders took advantage of 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.