At its highest point, yearn.finance even scored a plus of 78.49 percent. As a result, the yearn.finance price was once again firmly above USD 10,000 and even above USD 11,000. The highest price level since May this year. That clearly woke up the whales, as transaction volume among these entities shot up 392 percent to $24 million during this period.
“Be careful”
While yearn.finance’s huge surge is a good sign, Santiment analysts are warning about whales’ behavior. Parallel to this increase, a large amount of tokens has been sent to the exchanges. So it seems that people are preparing for a huge dump of yearn.finance that way. From May to the end of June we can observe a huge accumulation wave on the exchanges, see the image below.
