| Time | Details |
|---|---|
| 2024-12-16 01:42 |
COW Token Surges 93% Despite Not Being in World Liberty's Portfolio
According to Ai 姨, the COW token has experienced a significant price increase of nearly 93% over the past seven days. This surge occurred despite COW not being included in World Liberty's portfolio. The price boost is attributed to recent on-chain token purchases being conducted via Cowswap, which is now gaining a reputation as a preferred decentralized exchange (DEX) for notable entities. Previously known as one of Vitalik Buterin's favorite DEXs and the Ethereum Foundation's go-to for liquidations, Cowswap is now also recognized as a favored DEX by the World Liberty team. (Source) |
| 2024-12-16 02:31 |
Significant COW to SUSHI Swap Indicates Potential DEX Rotation Strategy
According to Ai 姨, an investor withdrew 1.1 million COW tokens, approximately valued at $1.1 million, from Binance three hours ago. Of these, 1.08 million COW tokens were swapped for SUSHI, suggesting a bet on decentralized exchange (DEX) rotation. The remaining 20,000 COW tokens were sold directly at $1 each. The cost basis of these COW tokens is unknown as they were not acquired on-chain, but it is likely that the investor bought them at a low price and realized profits during today's price surge. (Source) |