Oh, look! The big fish are splashing around in the DeFi pond again, hoarding tokens like Uniswap (UNI), Maker (MKR), and Bounce (AUCTION) on Binance. ππ¦
In just 21 days, these deep-pocketed swimmers have managed to amass a juicy $32.9 million in paper profits. That’s like, what, a 87% return? NBD. ππΈ
Whale Watchers Spot a Frenzy
According to the crypto detectives at Spot on Chain, a wallet named “0xace” went on a shopping spree, grabbing 374,333 UNI for a cool $2.3 million and 1,735 MKR for $2.06 million in just 18 hours. Because who doesn’t love a good binge buy? ποΈπΈ
And let’s not forget “0xEc1,” who casually strolled away with half a million AUCTION tokens worth nearly $14 million. Because why not? These whales are now controlling over 26% of AUCTION’s supply. Talk about a power move. πΌπ
As of now, the token is trading at $35.49, up 14.7% in the last 24 hours and a whopping 100% in the past week. It’s like the token got a supercharger while the rest of the market was napping. ππ
DEXs Are the New Black
Meanwhile, decentralized exchanges (DEXs) are having a moment. BNB Chain’s DEX volume surged to $1.64 billion, totally schooling Ethereum and Solana, who’s still reeling from that inflation reform proposal rejection. ππ
Other networks like Base and Arbitrum are also riding the wave, with impressive volumes of their own. But the real star is PancakeSwap, which took the crown for highest DEX volume in the past day. π₯³π©
This trading frenzy is partly thanks to meme coins like Mubarak (MUBARAK), which shot up over 294% in value. Because who doesn’t love a good meme coin? πΆπ
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2025-03-17 23:30