Instant surge "CAKE trading volume surged 99 times

Binance CAKE/USDT's perpetual trading volume surged 99 times within 10 minutes, with a turnover of $38.02 million in the past 24 hours, a decrease of 0.60%. A surge in trading volume generally indicates an increase in market trading activity or large-scale fund buying and selling operations, which may be caused by certain important market changes or news announcements.