CVX surges 40%: Two robot wallets manipulate the market, large investors have quietly reduced holdings

YieldWhisperer · 2026-01-05T02:12:14+00:00

Recently, CVX (Convex Finance) price has increased by over 40%, mainly driven by continuous buying from two robot wallets. Among the Top 100 holders, two addresses took the opportunity to reduce their positions, while the robot wallets pushing the market have already emptied their funds. This reflects the game-like nature of the market, reminding DeFi traders to pay attention to on-chain data and be cautious of potential risks.

YieldWhisperer

2026-01-05 02:12:14

Abstract generation in progress

【BitPush】Recently, the CVX (Convex Finance) market has seen a reversal, with the price surging over 40%. At first glance, it looks impressive, but a closer look at on-chain data reveals an interesting story — this rally was almost entirely driven by two bot wallets continuously buying, artificially pushing the price higher.

Among the top 100 holders, two addresses sensed the opportunity. One sold 25% of their CVX, while the other reduced their position by 34%. They essentially took a free ride and successfully escaped during the hype. And what about those bot wallets fueling the market? They had long since emptied or transferred their funds.

This is the current state of the Convex ecosystem — the fundamentals are actually solid, and the overall outlook for Curve and Convex is still promising. But this also highlights an important issue: you need to see through the true nature of market games. Don’t end up cluelessly becoming the last bag holder.

To DeFi traders, it’s recommended to pay more attention to on-chain data and verify what’s really behind those seemingly hot market movements. Vigilance is never outdated.

CVX-1,64%

CRV-0,45%

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MetaMuskRat

· 01-07 23:38

It's the same old trick again, robots pump the market, big players run away, and finally the retail investors get stuck holding the bag. --- To be honest, CVX has solid fundamentals, but this move is obviously just a pump-and-dump scheme to trap retail investors. --- Just two robot wallets can move the market, that's a bit outrageous. --- When big players reduce their positions by 34%, you're still chasing the rally—that's the difference. --- The Curve ecosystem is indeed promising, but entering at this price is just gambling. --- On-chain data speaks for itself; don't be blinded by a 40% increase. --- They empty their funds and run, typical rug pull tactics with a different disguise. --- I just want to know how many people are still holding this bag. --- That's DeFi—those who understand on-chain data run first, those who don't end up crying last.

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BoredWatcher

· 01-07 16:42

It's another robot-driven market, truly impressive. The big players are all fleeing very quickly.

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GateUser-e51e87c7

· 01-06 07:51

Oh my, it's another bot hype, truly incredible. The big investors have already run away.

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DeadTrades_Walking

· 01-05 02:30

It's the same old trick again: robots pump the price, big players run away, and the retail investors take the final hit—classic cycle.

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ChainSauceMaster

· 01-05 02:23

It's another robot game. I was wondering why the rise was so bizarre. I'm really tired of this routine. Honestly, retail investors are always the last to know.

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GateUser-0717ab66

· 01-05 02:14

Robots pulling the market, big players fleeing, retail investors taking the hit... This script really is a never-ending cycle. It's the same old trick again. It looks so good with a 40% increase, but when I check the on-chain data, I get overwhelmed. A 40% increase, done by two bots? They really dare to do that. The market is indeed ridiculous. The big players had already reduced their positions, and we're still celebrating. That's the gap, I guess. Convex's fundamentals are okay, but this situation is very ironic. Just tell me how to prevent it. Don't end up as the last bag-holder. Watch carefully before making a move. When the on-chain data is laid out, all the tricks are exposed. Behind the 40% rise, it's all robot dancing; humans can only take the hit. As soon as the big players see the robots start dumping funds, they immediately run, and we're still partying...

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MoneyBurner

· 01-05 02:13

Haha, it's the same old trick again—robots pump the price, big whales run away, and retail investors are left holding the bag. All the on-chain data is right here, still trying to fool me into building a position? I'm not that naive. I've seen through it long ago. CVX's fundamentals are decent, so no need to fuss—just sit back and wait for the airdrop. This manipulation is too obvious. Those chasing quick profits have already run, leaving only the retail investors. Going long or short is both a trap. I'll just wait for the next hot spot.

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