According to on-chain analysts closely monitoring the situation, a veteran PancakeSwap player from 2021 made a shocking move 15 hours ago, suspected of liquidating 1.475 million CAKE tokens, worth $3.79 million at current market prices!
It is noteworthy that this is the first time this player has deposited CAKE into an exchange. Industry speculation suggests that perhaps the BSC craze has driven the token price to soar, leading him to believe it is the best time to cash out.
Moreover, this mysterious player's actions go beyond this. Previously, with his keen market sense, he bought low and sold high on WBTC, making a whopping $19.69 million with a total cost of only $26,395, earning him the title of 'trading master' in the cryptocurrency world!
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