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.
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