🐳 A look at the money flow: On $XVS , Venus’s protocol revenue suddenly jumped to $73,000 (24h), about 11.1 times its usual level.
Fees are votes users cast with real money: this much in fees means a lot of trading took place on Venus that day. The question is whether a few whales were rapidly moving in and out, or retail traders were pouring in across the board. The former can fade as quickly as it arrives; the latter is more likely to have staying power. Token 24h: -3.81%.
#XVS
Fees are votes users cast with real money: this much in fees means a lot of trading took place on Venus that day. The question is whether a few whales were rapidly moving in and out, or retail traders were pouring in across the board. The former can fade as quickly as it arrives; the latter is more likely to have staying power. Token 24h: -3.81%.
#XVS
