DeFi Market Cap Reaches $130 Billion Amid Whale Profit-Taking
The crypto market has reached a valuation of $3.18 trillion, with DeFi tokens gaining traction. Lido DAO (LDO) and MakerDAO (MKR) are showing notable performance, but whale selling activities raise concerns about sustainability.
DeFi Market Overview
- DeFi market cap is $130 billion, trading volume at $7.562 billion.
- LDO increased by 4.25% in 24 hours; MKR surged 22%.
- Further growth of approximately 5% is expected for both tokens.
Whale Activity
- A whale sold 1,230 MKR tokens, realizing a $418,000 profit (30.6%).
- Profit from previous trades totals $2.27 million with a 100% win rate.
MakerDAO Price Analysis
- MKR shows a bullish engulfing candle with a 45% weekly surge.
- Current price is $1,437, approaching resistance at $1,527.
- Potential challenge of $1,630 based on Fibonacci levels.
Lido DAO Selling Pressure
- Whale Chung Wang sold 300,000 LDO tokens for 518,000 USDC.
- Total sales in 2025 amount to 5.8 million LDO for $10.27 million.
- Chung Wang still holds 2.2 million LDO valued at $3.81 million.
Lido DAO Price Analysis
- LDO price settled at $1.80, with a recent high of $1.95.
- Aiming to break the $2 psychological mark.
- Potential breakout could target resistance at $3.47 and $6.00.