ChainCatcher news, according to DefiMoon monitoring, 51.4 million CRV have been locked in the past 4 days, accounting for about one-third of the total issuance of CRV in 2024. These lock-ups have also affected the ratio of veCRV to CVX, rising from 5.5 in June to 6.44 today. If the peg price of cvxCRV remains stable and new veCRV continues to flow into the Convex platform, more positive impacts are expected.

ChainCatcher news, Christian, co-founder of the encrypted fund NDV and NFT whale, stated on social media, "400,000 USDT was not used to buy CRV, but to buy locked CVX. The CRV received is from previous purchases, and there was no dumping. The decline is due to other whales transferring over ten million tokens in, which were transferred in for collateral."ChainCatcher previously reported, according to X platform user @maid_crypto, some on-chain analysts pointed out that the suspected @Christianeth address 0xc75......7fb purchased CRV worth 400,000 USDT at an OTC price of 0.107 USDT from Curve founder Michael Egorov on June 21, and sold all of it the next day at a price of 0.333 USDT, causing a 5% drop in the CRV market. On June 28, he again acquired an equivalent amount of CRV from the Curve founder.

ChainCatcher news, according to Spot On Chain monitoring, a wallet associated with the Fantom Foundation sold 357,108 CVX in the past hour for 1.15 million USDT, causing the CVX price to drop by about 5%.It is reported that the wallet spent 12 million dollars in March 2022 to purchase 436,000 CVX at an average price of about 28 dollars, and then sold these tokens over the past 2 years for only about 3.38 dollars (1.49 million dollars). This resulted in a loss of 10.7 million dollars (-87.8%).

ChainCatcher message, OKX will officially launch the CVXUSDT perpetual contract on the web, App, and API at 4:30 PM (UTC+8) on June 25, 2024, and will launch leveraged trading and simple coin earning for CVX/USDT at 4:00 PM (UTC+8) on June 25, 2024.

According to ChainCatcher news and RootData data, the Convex Finance token (CVX) has increased by 38.99% in the last 24 hours, currently priced at $3.88.Additionally, the Web3 asset data platform RootData shows that Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a portion of transaction fees on Curve without having to stake liquidity on Curve. At the same time, liquidity providers can invest using Convex Finance and receive higher CRV and liquidity mining rewards. This provides better capital efficiency for CRV stakers and positions Convex Finance as an important player in the Curve wars.

ChainCatcher news, according to intotheblock data, last week, 99% of CVX holders were in a loss state, while currently, 36% of addresses are in a profit state, and these addresses hold over 90% of the CVX supply.

ChainCatcher news, according to Bitget market data, on June 17, the leading sectors were Arbitrum ecosystem, GameFi, and innovation zone, among which BBO had a 24-hour increase of 233.33%, SIN had a 24-hour increase of 5.12%, and 3TH had a 24-hour increase of 135%.As of the time of writing, the top three cryptocurrencies in the real-time increase ranking are BBO, 3TH, and ZKPEPE.

ChainCatcher news, according to RootData, the Convex Finance token (CVX) has increased by 95.68% in the last 24 hours, currently priced at $4.05.Additionally, the Web3 asset data platform RootData shows that Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a portion of the trading fees on Curve without having to stake liquidity on Curve.

According to ChainCatcher news and data from RootData, the Convex Finance token (CVX) has increased by 23.88% in the last 24 hours, currently priced at $2.54.Additionally, the Web3 asset data platform RootData shows that Convex Finance is a DeFi protocol that allows Curve liquidity providers to earn a portion of transaction fees on Curve without having to stake liquidity on Curve. At the same time, liquidity providers can use Convex Finance for investment and receive higher CRV and liquidity mining rewards. This provides better capital efficiency for CRV stakers and positions Convex Finance as an important player in the Curve wars.

ChainCatcher news, according to PeckShield monitoring, the FTX tagged address transferred 940,000 CVX (approximately 1 million USD) to Binance.

ChainCatcher news, a certain whale unstaked and sold over 16 million cvxCRV (specifically 16.42 million) 4 hours ago, worth approximately 6.7 million USD, causing a temporary decoupling discount in the cvxCRV price.

ChainCatcher message, on-chain data shows that the Terraform Labs address sent 1,830,725.89 CVX to a new wallet (starting with 0x15a5f) 1 hour ago, currently worth approximately 8.718 million USD. (source link)

ChainCatcher news, the one-stop platform for CRV staking and liquidity mining, Convex Finance, will launch a new cvxCRV Wrapper contract that allows for additional incentives for staking cvxCRV. Users can choose the reward token types (for example, only accepting CRV and CVX, only accepting 3CRV, or any user-adjustable weighted combination), and staking cvxCRV complies with the ERC-20 standard.In addition, Convex will soon release a proposal to adjust the platform fee distribution structure to leverage the new features of the Wrapper. Convex hopes to allocate 2% of the platform fees to buy back existing cvxCRV and stake it in the new Wrapper contract, aiming to increase the overall rewards of the Wrapper while removing cvxCRV from circulation. (source link)

Chain Catcher news, Coinbase will list Convex Finance (CVX) and Ocean Protocol (OCEAN) on the Ethereum network (ERC-20). Trading will begin on September 8, 2022, at 9 AM Pacific Time or later, provided liquidity conditions are met. (Source link)

Chain Catcher news, Coinbase will list Convex Finance token CVX, Ocean Protocol token OCEAN,Pundi X token PUNDIX, Injective token INJ, Audius token AUDIO, and XMON token XMON on its asset roadmap. Coinbase previously decided to improve asset transparency by listing assets that have been decided to go live in advance and moving them to the roadmap. (Source link)