Sanitation: "Refugee Trade" After Kelp Incident SPK Tokens Surge 100% in 48 Hours

On-chain analysis platform Sanitation tweeted that six days after the Kelp incident broke out, there were clear signs of a "refugee trade" in the market.<br /> The Spark token SPK soared from US$0.029 to US$0.058 in 48 hours, an increase of more than 100%. At the same time, giant whale transactions (US$100,000) surged from a benchmark of about 30 transactions per day to 183 transactions today.<br /> In contrast, the AAVE token price continues to fall and currently hovers around $92, even though Bitcoin exceeded $79,000 earlier this week.<br /> Sanitation pointed out that this incident did not simply cause damage, but brought about a redistribution of funds-a liquidity crisis for one agreement became a bull market for another agreement.<br /> Note: "Refugee transaction" is a metaphor in the crypto/DeFi space, specifically referring to the phenomenon of funds fleeing in large numbers from a compromised or high-risk agreement like refugees and moving to another agreement that is relatively safe and less risky.