$CAKE ｜PancakeSwap trading volume has risen to 1.8 times its usual level ($1.427 billion over 24 hours vs. the usual $811 million).
To assess whether this surge in volume is meaningful, check three things:
Is trading concentrated in a single popular token?
Have the number of trades and unique addresses increased in tandem? If only the dollar volume is up but the number of addresses isn't, it could be wash trading.
Do large arbitrage trades account for most of the volume?
Only when all three look normal can we call it a genuine recovery in activity.
#CAKE
To assess whether this surge in volume is meaningful, check three things:
Is trading concentrated in a single popular token?
Have the number of trades and unique addresses increased in tandem? If only the dollar volume is up but the number of addresses isn't, it could be wash trading.
Do large arbitrage trades account for most of the volume?
Only when all three look normal can we call it a genuine recovery in activity.
#CAKE
