Santiment: After the Kelp incident, "refugee trading" emerged, SPK token surged 100% in 48 hours.

ME News, April 24 (UTC+8), on-chain analytics platform Santiment tweeted that six days after the Kelp incident, the market showed obvious signs of a "refugee trade."
Spark token SPK surged from $0.029 to $0.058 within 48 hours, an increase of over 100%.
Meanwhile, whale transactions (> $100k) surged from a baseline of about 30 per day to 183 today.
In contrast, the price of AAVE token continued to decline, currently hovering around $92, even though Bitcoin broke through $79k earlier this week.
Santiment pointed out that this incident did not simply cause destruction, but brought about a redistribution of funds—the liquidity crisis of one protocol became a bull market for another.
Note: "Refugee trade" is a metaphorical term in the crypto/DeFi space, specifically referring to the phenomenon where funds flee en masse from damaged or high-risk protocols and move to another protocol that is relatively safe and lower risk. (Source: ChainCatcher)
SPK2.25%
AAVE-0.46%
BTC1.01%
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