Leaderboard data from Variational shows that an airdrop-linked address, 0xc…413e, generated $2.17 billion in trading volume over the past week. That accounted for more than 10% of the platform’s roughly $20 billion weekly volume, based on the figures cited in the update.
A review of the address’s historical activity shows it only began trading on Variational within the past month. The sudden jump in volume has drawn attention because of how quickly the address rose on the platform.
Two overseas data analysts, me_cool_off (@me_cool_off) and ProMint (@ProMint_X), both described the address as a “Chinese whale.” That characterization has not been confirmed by any public information so far. The current public record only establishes the address’s recent activity and its share of weekly volume on Variational.
According to Odaily, leaderboard data from Variational shows that an airdrop-linked address, 0xc…413e, generated $2.17 billion in trading volume over the past week. That was more than 10% of the platform’s roughly $20 billion weekly volume.
A look at the address’s historical trading records shows it only started trading on Variational within the past month.
Two overseas data analysts, me_cool_off (@me_cool_off) and ProMint (@ProMint_X), both referred to the address as a “Chinese whale,” but there is still no public information confirming that claim.
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