Analysis: CVX's 40% surge driven by bots, top 100 holders have already reduced their positions

According to Odaily, DeFi analyst @lordjorx posted on X that the 40% price increase of CVX is not a trend reversal, but rather driven by continuous purchases from bots associated with two specific wallet addresses. On-chain data shows that these two addresses interact hundreds of times daily without interruption. During the price surge, two addresses among the top 100 CVX holders took advantage of this artificially induced rise to reduce their total holdings by 25% and 34%, respectively. Currently, the bot addresses that triggered the price increase have emptied their wallets or transferred their funds.