A Chinese trader signed up for Variational and pulled off $2B in trading volume in just a few days
Nobody had ever heard of them before and then he suddenly took the #
1# spot on the leaderboard
According to DefiLlama,
@variational_io total trading volume over the last 7 days reached $20B
That means a single wallet generated roughly 10% of the entire volume
They spent around $111,000 in fees
So, over the past week, about $1 out of every $10 in volume on Variational came from this one trader
Do you realize how bullish Chinese traders and the Chinese market are on Variational?
I don't think this is a coincidence