Quick take on large transactions: On the $KNC side, KyberSwap’s protocol revenue suddenly jumped to $216,000 (24h), about 11.1 times its usual level.
Fees are users voting with real money: so much in fees means there was a lot of activity on KyberSwap that day. The question is: was it a few whales moving in and out, or a broad influx of retail traders? The former can disappear as quickly as it arrives; the latter would be more meaningful. Token down 6.44% over 24h.
Fees are users voting with real money: so much in fees means there was a lot of activity on KyberSwap that day. The question is: was it a few whales moving in and out, or a broad influx of retail traders? The former can disappear as quickly as it arrives; the latter would be more meaningful. Token down 6.44% over 24h.
